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Atlanta & Southeast | March 29, 2024

Pigmental Studio is no startup. The studio has produced “Kong,” “Despicable Me,” and “The Klaus”. The company is planning a 117-acre media campus in coastal Georgia, just north of the Florida state line. Pigmental Studios says the project would include 18 sound stages and a mixed-use project. The complex would come to St. Marys, near ...

TruAmerica Picks Up $50M Asheville Asset

Atlanta & Southeast | March 29, 2024

TruAmerica Multifamily acquired Westmont Commons, a 252-unit multifamily community in Asheville, NC. The asset was purchased off-market for $49,875,000 in partnership with Spoke Real Estate Capital. The seller was undisclosed. TruAmerica Multifamily’s Bob Hart added, “We expect to deliver an upgraded community to the market to meet demand for workforce housing that will be achieved ...

Chicago, Midwest | Weekly People & Companies for March 29

Chicago & Midwest | March 28, 2024

JLL has promoted Michael Raphael to Chief Procurement Officer to lead procurement activities globally across the company and manage annual procurement spend for both JLL and on behalf of its clients. Raphael will manage JLL’s own corporate indirect spend and the procurement of goods and services on behalf of JLL clients. Raphael will lead JLL’s ...

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Seattle | March 28, 2024

JLL Capital Markets and JLL Public Institutions have executed $139.64 million in financings from the Amazon Housing Equity Fund over the last six months for the development and preservation of 11 affordable housing communities, totaling 1,970 units, across the Puget Sound region. JLL acted as the credit underwriter for Amazon, who provided long-term, fixed-rate loans ...