JLL has successfully arranged a refinancing of $11.85 million for J.G. Whittier, an upscale apartment complex in Seattle’s popular Ballard neighborhood. The newly constructed mid-rise community features 54 units and was completed in 2023.
The borrower, FFV Crown Hill LLC., entrusted JLL to secure a five-year fixed-rate loan through National Life Group. Led by senior director Seth Heikkila and associate Steve Petrie, the team worked diligently to secure this financing opportunity.
Located at 7750 15th Avenue NW, just northwest of downtown Seattle, J.G. Whittier offers modern studio, one- and two-bedroom apartments as well as retail space on the ground floor totaling over 2,800 square feet.
Conveniently situated near South Lake Union with its abundance of employment opportunities and popular dining options nearby makes this property highly desirable for residents seeking convenience and accessibility within the city limits. Additionally,the surrounding area boasts over 4.9 million square feet of retail space within a two-mile radius from the property.
This successful transaction highlights JLL’s expertise in securing financing for multi-housing projects like J.G.Whittier without mentioning specific brands or locations such as Connect CRE or Connect LA/Texas.
