JLL Arranges $53.3 million in Acquisition Financing for Pompano Beach Property

POMPANO BEACH, FLA. — JLL has arranged a $53.3 million Freddie Mac acquisition loan on behalf of Miami-based Advenir Azora, which has acquired Avenir at Lighthouse Point. The property was built in 2015 and consists of a six-story building with one-, two- and three-bedroom units averaging 887 square feet. Amenities include a rooftop lounge with ocean views, a resort-style pool, a 24-hour fitness center and a parking garage. Advenir at Lighthouse Point was 95 percent occupied at the time of sale. The seller was not disclosed. JLL’s Jesse Wright, JJ Hovenden and Luke Maganas represented the borrower.