JLL Permanent Freddie Mac Loan Arrangement
Housing Finance Authority of Miami-Dade CountyLocal Housing Authority · Doral, FL- Disclosed value
- Up to $12,591,000 (permanent loan; $12,264,000 at locked rate)
- From report
- Document date
- Jan 15, 2020
The 30-second brief
JLL Capital Markets is expected to provide a permanent first mortgage under Freddie Mac’s Forward Tax-Exempt Loan Program for the Borinquen Apartments project. The loan will feature a locked 3.66% rate on most of the balance, 40-year amortization over a 15-year term, and associated origination and conversion fees.
Jll Capital Markets holds this financial services contract with Housing Finance Authority of Miami-Dade County. Its other public contracts on record include work for Minnesota Health and Education Facilities Authority | State of Minnesota and Hamilton County School District.
Term as filed: 40 year amortization, 15 year term; commitment term 24 months with one six month extension.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $12,591,000 (permanent loan; $12,264,000 at locked rate)
- Document date
- January 15, 2020
- Term
- 40 year amortization, 15 year term; commitment term 24 months with one six month extension
- Vendor
- Jll Capital Markets
- Source document
- public-resources-advisory-group-credit-underwriting-report-january-15-2020_e56.pdf (Report)
Jll Capital Markets's other public contracts
More Housing Finance Authority of Miami-Dade County contracts
Questions about this contract
Who was awarded the financial services contract by Housing Finance Authority of Miami-Dade County?
Jll Capital Markets was awarded this financial services contract by Housing Finance Authority of Miami-Dade County, as recorded on January 15, 2020. The contract value is Up to $12,591,000 (permanent loan; $12,264,000 at locked rate).
How much is the Jll Capital Markets contract with Housing Finance Authority of Miami-Dade County worth?
The Jll Capital Markets contract with Housing Finance Authority of Miami-Dade County is valued at Up to $12,591,000 (permanent loan; $12,264,000 at locked rate), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in public-resources-advisory-group-credit-underwriting-report-january-15-2020_e56.pdf (Report), dated January 15, 2020 from Housing Finance Authority of Miami-Dade County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Jll Capital Markets hold?
Jll Capital Markets 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 Housing Finance Authority of Miami-Dade County currently buying?
Explore Housing Finance Authority of Miami-Dade County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.