City of St. Louis Park Awards Financial Services Contract to Jll Real Estate Capital LLC (January 2026)
City of St. Louis ParkCity · St. Louis Park, MN- Disclosed value
- mortgage loan approx. $53,235,000 (collateral)
- From agenda
- Approved
- Jan 20, 2026
The 30-second brief
The St. Louis Park EDA approved a subordination agreement with JLL Real Estate Capital, LLC, allowing JLL to have a senior lien for their refinancing of The Mera project's mortgage loan. The move enables additional financing for the 233-unit multifamily development.
Jll Real Estate Capital LLC holds this financial services contract with City of St. Louis Park. Its other public contracts on record include work for Town of Roseville and City of Red Wing.
Term as filed: Mortgage assignment/subordination effective on date executed, post-January 20, 2026.
See who decides the next one before it's bid.
Get pre-RFPs freeFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- mortgage loan approx. $53,235,000 (collateral)
- Document date
- January 20, 2026
- Term
- Mortgage assignment/subordination effective on date executed, post-January 20, 2026
- Agency
- City of St. Louis Park
- Source document
- St. Louis Park City Council Agenda January 20 2026 (Agenda)
Jll Real Estate Capital LLC's other public contracts
More City of St. Louis Park contracts
Questions about this contract
Who was awarded the financial services contract by City of St. Louis Park?
Jll Real Estate Capital LLC was awarded this financial services contract by City of St. Louis Park, as recorded on January 20, 2026. The contract value is mortgage loan approx. $53,235,000 (collateral).
How much is the Jll Real Estate Capital LLC contract with City of St. Louis Park worth?
The Jll Real Estate Capital LLC contract with City of St. Louis Park is valued at mortgage loan approx. $53,235,000 (collateral), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in St. Louis Park City Council Agenda January 20 2026 (Agenda), dated January 20, 2026 from City of St. Louis Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Jll Real Estate Capital LLC hold?
Jll Real Estate Capital LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of St. Louis Park currently buying?
Explore City of St. Louis Park's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.