JLL Capital Markets has successfully secured a joint venture equity partnership for Allesandro Apartments, a 43-unit multifamily development in the highly sought-after Echo Park neighborhood of Los Angeles. The sponsor, A.J. Khair Construction Inc., was represented by JLL in this transaction.
The terms of the deal remain confidential. Leading the JLL Capital Markets team were senior managing director Jeff Sause, director Chad Morgan, and analyst Jalynn Borders.
Expected to be completed by 2026, Allesandro Apartments will offer spacious one- and two-bedroom units with an average size of 928 square feet. Located at 1667 Allesandro St., the property sits on the border between Echo Park and Silver Lake – two densely populated neighborhoods situated between Downtown LA and Koreatown to its south and Los Feliz to its north. Residents will enjoy easy access to an array of cultural amenities as well as convenient proximity to three major Southern California highways: I-5, US-101,and I-110.
