Jones Lang LaSalle Inc.
10/26/2026 | Press release | Distributed by Public on 10/26/2026 10:59
JLL arranges $333.3M financing for a 3-property, 1,184-unit Colorado multifamily portfolio
Key Takeaways
- JLL's Capital Markets group arranged $333.3 million in financing for Palomino Park, a 1,184-unit Class A multifamily portfolio comprising three distinctive communities in Highlands Ranch, Colorado
- Greystar provided the floating-rate loan for the team at Crow Holdings Capital, with the lender also serving as the portfolio's third-party property manager
- The portfolio features Red Canyon (304 units), Green River (424 units) and Blue Ridge (456 units), anchored by the ±26,000 SF Colorado Club, a resort-quality amenity center serving all residents
DENVER, Oct. 26, 2026 - JLL's Capital Markets group announced today that it has arranged $333.3 million in bridge financing for Palomino Park, an irreplaceable 1,184-unit multifamily portfolio located in the highly desirable Highlands Ranch master-planned community within metro Denver.
JLL worked exclusively on behalf of a real estate fund advised by Crow Holdings Capital to secure the floating-rate loan through Greystar. The financing, which includes $325 million at initial funding and $8.32 million in future funding for unit renovations, retired existing the existing loans and provides capital for continued value-add execution across the three-community portfolio.
Palomino Park comprises three distinctive rental communities, Red Canyon, Green River and Blue Ridge, offering diverse unit mixes tailored to different renter demographics. Red Canyon features 304 luxury units with direct-access garages and a condo-style living environment. Green River comprises 424 townhome-style units with an average unit size of 1,129 square feet, the largest in the portfolio, along with 176 detached garages. Blue Ridge represents the portfolio's largest community with 456 units averaging 1,050 square feet, featuring 181 detached garages. Since acquiring the assets in 2021, the Crow Holdings Capital-advised fund has invested significant capital in various interior and exterior capital improvements across each community.
Palomino Park is anchored by the Colorado Club, a ±26,000-square-foot central amenity facility that serves as the centerpiece of this resort-style community. The club features a resort-quality pool, club-style gym with regulation basketball court and racquetball courts, full-service bar and abundant resident gathering areas. The facility is surrounded by a 17-acre park complete with three tennis courts, two full-size sports fields and a playground.
Palomino Park's strategic location provides residents with exceptional access to Denver's Southeast Business Corridor, the region's premier employment hub and Park Meadows Mall, Colorado's premier shopping destination.
JLL's Capital Markets Debt Advisory team representing the borrower was led by Executive Managing Director Trey Morsbach, Senior Managing Directors Campbell Roche and Tony Nargi, Senior Director Jarrod McCabe, Associate Jordan Buck and Analyst Scott Cole.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL's newsroom.
About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
About Crow Holdings
Crow Holdings is a leading real estate investment and development firm founded in 1948 and based in Dallas, Texas. With 20 offices across the U.S., Crow Holdings' local, on-the-ground presence amplifies its hands-on capabilities across a broad range of investment strategies, product types, and ventures in partnership with institutional investors. Crow Holdings has $35 billion in assets under management, one of the largest multifamily and industrial development platforms in the nation, investments across the energy sector including solar and battery storage projects, and a broad, diversified investment portfolio, pursuing compelling investment opportunities to capitalize on evolving, secular growth potential. For over 75 years, Crow Holdings' success has been rooted in its founding principles of partnership, collaboration, and alignment of interests. For more information, please visit: www.crowholdings.com.
About Greystar
Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates approximately $350 billion of real estate in over 265 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing more than one million units/beds globally. Across its platforms, Greystar has over $80 billion of assets under management, including over $34 billion of development assets and approximately $36.5 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business.
Jones Lang LaSalle Inc. published this content on October 26, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 26, 2026 at 16:59 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]