JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for AMLI Doral, a 352-unit, core-plus, garden-style multifamily community in Doral, Florida just outside of Miami.
JLL represented the seller, AMLI Residential, in the sale of the property to Pantzer Properties. The property was formally known as The Point at Lakeside.
Completed in 2013, AMLI Doral consists of nine four-story buildings housing one-, two- and three-bedroom units. Units average 1,058 square feet and feature stainless steel appliances, granite countertops, nine-foot ceilings, soaking tubs, walk-in closets, private patios or balconies and full-size washers and dryers in each unit. The community offers amenities, including a two-story fitness center, swimming pool with lakeside grilling stations, business center, lounge with game tables, clubhouse with party room, tot lot and playground, electric car charging stations and bike parking.
JLL Capital Market’s Investment Sales and Advisory team representing the seller was led by Managing Director Maurice Habif, Senior Director Simon Banke and Director Nick Lavin.
“AMLI Doral’s incredible quality, visibility and position within one of Miami’s most dynamic submarkets, Doral, led to outstanding property level performance,” said Habif. “These factors truly resonated with the investment community, resulting in a tremendous amount of investor interest in AMLI Doral. The appetite for assets like these in South Florida is voracious and we expect that to continue going forward.”
JLL’s Debt Advisory team representing Pantzer Properties was led by Senior Managing Director Jamie Leachman, Senior Director Amit Kakar, and Associate Sean O’Brien.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
