The firm's FHA finance team structured the financing for seven properties throughout the Midwest and Northeast.

The company plans to invest an additional $13 million in capital improvements, across the Southeast portfolio's more than 2,300 units.

JLL Income Property Trust purchased the newly-constructed, 474,000-square-foot, Southeast Phoenix Distribution Center, which is 96% leased.

The company's Peter Otteni and Jake Stroman have been appointed to succeed Peter Johnston as the co-heads of the company's Washington DC office.

Aligning with its portfolio aggregation strategy, the company has acquired a 207,000-SF, last-mile industrial asset in New Jersey for nearly $30 million.

Dana Wade, former FHA commissioner, will lead the firm's affordable housing financing activities and serve as chief production officer of the firm's FHA production team.

The O'Donnell Group has sold its fully-leased, 313,000-square-foot industrial asset to Aminim Group.

The firm has acquired the five-property asset in Tempe, AZ from BKM Capital Partners.