Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present for sale Project Carillon (the “Portfolio”), a 100% market-rate, 587-unit portfolio of three assets located in Inglewood, CA (Los Angeles MSA), Redmond, WA (Seattle MSA) and Oakland, CA (Bay Area).

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Attributes

Units

587

Occupancy

94.3%

Project Carillon (3 Properties)

Media

Investment highlights

Core Plus Profile with Value-Add Optionality
±94.3% Avg. Occupancy and ±93.4% Avg. T3 Economic Occupancy
Rare Opportunity for Diversified and Instant Scale on the West Coast Below Replacement Cost
Considerable Supply Shortage Across West Coast Markets
Asset Submarkets Boast the Largest Renter Discounts to Ownership in the Country
Portfolio Aligned with Powerful West Coast Wage Momentum