Joint venture lands $88 million acquisition loan for Somerset apartment deal

A joint venture has secured $88 million in financing for its acquisition of a 384-unit luxury multifamily property in the Somerset section of Franklin, according to JLL.

AvalonBay sells 384-unit complex in Somerset, JLL says

AvalonBay Communities Inc. has sold a 384-unit luxury multifamily complex in the Somerset section of Franklin, under a newly announced transaction by JLL.

JLL tapped to market 384-unit AvalonBay complex in Somerset

AvalonBay Communities Inc. is seeking a buyer for a 384-unit apartment complex in the Somerset section of Franklin, in a newly announced offering by JLL.