WILDWOOD, FLA. — JLL has brokered the sale of The Juliette, a 330-unit multifamily community located at 6629 Dan Diciolla Drive in Wildwood. The buyer, Centennial Holding Co. LLC, purchased the property from an undisclosed seller. Cliff Taylor, Joe Ayers, Kyle Butler and Ted Taylor of JLL represented the seller and procured the buyer in the transaction. Additionally, Melissa Quinn and Matt Kafka, also with JLL, originated a seven-year Freddie Mac acquisition loan for Centennial Holding. The sales price and loan amount were not disclosed. Built in 2024, The Juliette sits on 21.8 acres near The Villages master-planned community in Central Florida and was 96 percent occupied at the time of sale. The property comprises 288 apartments and 42 townhomes averaging 971 square feet in size. Outdoor amenities include a pool, pavilion with a cabana, golf cart parking, dog park, community garden, lakeside nature trail with direct access to Millennium Park and an outdoor game area featuring bocce ball, cornhole, billiards, foosball and table tennis. Indoor amenities include a fitness center and a business center with flexible office spaces available for daily or monthly rental.
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KISSIMMEE, FLA. — Plaza Lakes, a subsidiary of a private, family-owned business group from Puerto Rico, plans to develop a 130,000-square-foot shopping center located along Simpson Road in Kissimmee, a suburb of Orlando. The company has selected SRS Real Estate Partners to oversee leasing at the development, named The Village at Hillard Isle. The property is the retail component of the Hillard Isle master-planned community that will also include 560 apartments and 2,000 single-family homes by Pulte Group. Sandi Bargfrede, Willow Ferrelli and Sammy Gabbai of SRS are actively marketing the project, which is in the planning and permitting phase. Target users include grocers, restaurants, coffee shops, fitness, specialty retailers and daily needs retailers. Infrastructure work for the retail and multifamily portions of Hillard Isle is anticipated to begin in the first quarter of 2028. Delivery of the first commercial pads is expected by the third quarter of 2028.
Gilbane, Rocky Mountain Cos. and University of Idaho Complete 451-Bed Student, Family Housing Development
by Amy Works
MOSCOW, IDAHO — A partnership between Gilbane Development Co., Rocky Mountain Cos. and the University of Idaho has completed Vandal Village, a 451-bed development for graduate students and students with families on the institution’s campus in Moscow. Located at 1010 Deakin Ave., the 200,000-square-foot community offers 240 fully furnished units in two- through four-bedroom configurations. Of the property’s 451 beds, 232 are designated for graduate students and 219 for married and parenting students. The community also offers shared amenity spaces for studying, collaboration and social engagement. The development team for the project included Lydig, Integrus and Design Collective. The project is part of a larger $135 million renovation and redevelopment of South Hill and Elmwood Apartments, the Wallace Residential Center and the Theophilus Residence Building on the University of Idaho campus.
Columbia Pacific Advisors Receives $130M Refinancing for Murano Senior Living Property in Seattle
by Amy Works
SEATTLE — Columbia Pacific Advisors has received a $130 million loan for the refinancing of Murano Senior Living, a seniors housing community located in Seattle. The borrower developed the property, which opened in 2019. Chris Cain, Tyler Armstrong and Taylor Russ of Lument arranged the financing on behalf of the borrower. Murano Senior Living features 243 units, with 215 independent and assisted living units and 28 memory care units. Amenities at the property include wellness suites, an art studio and an outdoor terrace. Merrill Gardens operates the community on behalf of the owner. Occupancy at the property surpassed 90 percent in October. Alternative investment management firm Columbia Pacific Advisors has executed more than $10 billion in seniors housing-related transactions since 2006.
OTHELLO, WASH. — Marcus & Millichap has brokered the sale of Coventry House, a 64-unit seniors housing community located in Othello in southeastern Washington. A Washington-based owner and operator with a portfolio of more than 10 senior living communities in the state purchased the property for an undisclosed price. Michael Mooney, Nick Stahler, Chad Mundy and Joel Deis of Marcus & Millichap brokered the transaction on behalf of the seller, an owner and operator preparing for retirement. The 50,456-square-foot community features 48 assisted living and 16 independent living units. Amenities at the property, which was built in 2003, include landscaped courtyards, walking paths and dining and activity areas.
LAKEWOOD, COLO. — Rouler Advisors has begun the $2 million renovation of Westgate Shopping Center, a 108,867-square-foot retail center located in Lakewood, approximately eight miles southwest of downtown Denver. Improvements will include a full parking lot replacement, new monument signage, building and storefront façades and fresh stucco and siding, along with exterior paint, LED lighting and other amenities. Completion is expected in the first quarter of 2027. In connection with this project, Burn Boot Camp recently signed a 6,662-square-foot lease, joining other tenants such as Planet Fitness, Rocky Mountain Physical Therapy and MPower Dance Studio. HAMWAD Westgate LLC, an affiliate of Rouler, owns Westgate. Rouler originally acquired the property in 2023 and also operates and manages the adjoining Mission Trace Shopping Center and Mission Trace office building, where the firm previously completed a series of multimillion-dollar renovations. Together, the properties comprise more than 16 acres.
LINCOLNWOOD, ILL. — JLL Capital Markets has arranged the $212.5 million sale and financing of The Carrington at Lincolnwood, a 383-unit senior living community in Lincolnwood. JLL’s national seniors housing capital markets team represented the seller, a partnership of LAMB Properties, Harbert South Bay Partners and its capital partners. Senior Resource Group (SRG) and Nuveen Real Estate purchased the property. JLL arranged a five-year acquisition loan through a national bank on behalf of the buyers. The transaction represents one of the largest single-asset senior living sales nationally in 2026 and marks SRG’s entry into the Chicago market, according to JLL. SRG will assume management responsibilities from Momentum Senior Living. Built in 2018, The Carrington at Lincolnwood features two interconnected four-story buildings with 251 independent living units, 88 assisted living units and 44 secured memory care units. Amenities include an indoor pool, movie theater, wellness gym, sports bar, game room with billiards, a salon, café and bistro, libraries with computer stations, a creative arts studio, worship areas, indoor garage parking and a dog park.
SHEBOYGAN, WIS. — Cushman & Wakefield has brokered the $44 million sale of The Corridor, a 240-unit multifamily property in Sheboygan, about 55 miles north of Milwaukee. Chicago-based Midloch Investment Partners sold the asset to Axiom Properties. The community was approximately 97 percent occupied at the time of sale. Brad Smith, Jack Maloney and Ralph Depasquale of Cushman & Wakefield’s multifamily advisory group represented the seller in the transaction, which attracted 25 offers from institutional, national, regional and private buyers. The sale also includes an in-place tax-increment financing agreement that reimburses 65 percent of the incremental property tax through 2028 and enhances cash flow for the owner. Completed in 2021 on 13.4 acres, The Corridor features one-, two- and three-bedroom residences across three buildings. Amenities include a fitness center, resident lounge, community room, dog park, outdoor gathering space, playground and parking. The apartments feature granite countertops, stainless steel appliances, luxury vinyl plank flooring, in-unit washers and dryers and select private balconies.
COLUMBUS, OHIO — Law firm BakerHostetler has signed a five-year lease renewal for its 66,625-square-foot office space at 200 Civic Center Drive in downtown Columbus. The lease marks. The largest private sector office lease signed in the central business district since the start of the pandemic, according to JLL. Following the renewal, JLL is now marketing 15,559 square feet of top-floor space on the building’s 14th floor. Andy Dutcher and Joey Lamb of JLL represented the building owner, CC 13 LLC, an affiliate of Columbus-based Lawyers Development Corp. Phil Pelock of CBRE represented BakerHostetler. Located along the Scioto River, the office building features an attached 482-space parking garage, an updated lobby with an art gallery and café, a fitness center, shared conference space and onsite property management and security services. The building sits along the route of The Capital Line, a $100 million pedestrian and bicycle pathway currently under construction and expected to be completed in 2027.
INDIANAPOLIS — Marcus & Millichap has negotiated the $18.1 million sale of Directors Row Business Center, an eight-building office and flex industrial campus in Indianapolis. Gus Poulos and Forest Bender of Marcus & Millichap represented the seller, South Carolina-based Ziff Real Estate Partners. Bender and Zach Rogers, also from The Bender Group out of the firm’s Indianapolis office, procured the Michigan-based buyer. Located at the entrance to Park Fletcher near Indianapolis International Airport, Directors Row Business Center comprises 214,200 square feet across six industrial buildings and two office buildings. The campus features 39 suites and is 91 percent occupied.