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JLL Arranges Refinancing of $255 Million for Texas Single-Family Home Developer

JLL Arranges Refinancing of $255 Million for Texas Single-Family Home Developer

JLL has arranged a $255 million credit facility for SimplyHome, a developer of single-family rental (SFR) properties with holdings totaling more than 10,000 units across 100 submarkets. Colby Mueck led the JLL team in securing the credit facility through Churchill Real Estate. Upon close, the refinanced portfolio included homes located in Houston, Dallas-Fort Worth, San Antonio and Bryan/College Station markets.

SimplyHome is one of America’s largest private owners of purpose-built SFRs and since its inception has grown to encompass 10,000 SFR homes across 100 different neighborhoods. With over 3,000 Capital Markets specialists worldwide operating from nearly 50 countries offices around the globe , JLL provides extensive resources to assist clients like SimplyHome with their financing needs .

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