JLL Capital Markets Arranges Refinancing for The Marketplace
BOSTON—JLL Capital Markets announced that it arranged a $6 million refinancing for The Marketplace, a 55,100-square-foot mixed-use property offering essential retail, office, storage, and hospitality in St. John, U.S. Virgin Islands. JLL worked on behalf of the borrower, Mugar Enterprises, Inc. to secure the five-year, fixed-rate loan through Bank of New Hampshire. The Marketplace is a three-story property offering office, retail, and storage space alongside the 12-key Marketplace Suites boutique hotel. Renovated in 2020, the building […]
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