The firm has closed a preferred equity investment to facilitate the $69 million recapitalization of Loft 9, a 418-unit apartment community in Denver.

Hiring an inexperienced parking team is the biggest and most costly mistake that property owners can make in parking management.

The Houston Q3 market showed plateauing office concessions, a record year of industrial deliveries, retail dominated by medical office facilities and multifamily exhibiting strong fundamentals, says a JLL report.

The pair paid $67.25 million for the asset located at 275 Park Ave., spanning the southern facing side.