Sale and financing arranged for AMLI Doral in Miami-Dade county

MIAMI, June 21, 2024 – JLL Capital Markets announced today that it has closed the sale of and arranged acquisition financing for AMLI Doral, a 352-unit, core-plus, garden-style multi-housing community in Doral, Florida.

JLL represented the seller, AMLI Residential, in the sale of the property to Pantzer Properties.

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.

The property is positioned on a 16.4-acre campus at 11481 NW 41^st St. immediately adjacent to the Florida Turnpike. The property has easy access to the Miami International Airport, downtown Coral Gables and Downtown Miami and Brickell.

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.

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Recently named a 2023 USGBC LEED Homes Awards Outstanding Developer and Power Builder, AMLI Residential focuses on the development, acquisition and management of environmentally responsible apartment communities throughout the U.S. Founded in 1980, AMLI is owned by PRIME Property Fund, a core commingled institutional fund. AMLI owns and manages 78 apartment communities, including approximately 25,600 apartment homes, and has over 3,300 additional apartment homes under development at eight new communities. AMLI is a leader in multifamily sustainability. Fifty AMLI communities are LEED®-certified and 47 communities are ENERGY STAR®-certified. For more information, visit amli.com.

With over 10,000 apartment units, Pantzer Properties is one of the largest privately-owned multifamily owner/operators on the East Coast, focused on the affordable luxury segment of high barrier-to-entry submarkets within the Greater Boston, Philadelphia, South Florida, and Washington D.C. metro regions. Pantzer Properties invests through a fully discretionary private equity fund series known as the Panco Strategic Real Estate Funds. Further information is available at pantzerproperties.com.