‘JV Equity Secured for Echo Park Apartment Project’

JLL Capital Markets recently facilitated a joint venture equity partnership for the upcoming Allesandro Apartments project, a 43-unit multifamily development located in the Echo Park area of Los Angeles. A.J. Khair Construction, Inc. is the sponsor of this project, and JLL Capital Markets worked on their behalf to secure the JV equity partnership.

The specific terms of the transaction remain undisclosed at this time. The equity advisory team from JLL Capital Markets, comprised of senior managing director Jeff Sause, director Chad Morgan, and analyst Jalynn Borders, led the negotiations for this partnership.

Scheduled for completion in 2026, the Allesandro Apartments project will feature spacious one- and two-bedroom units, with an average size of 928 square feet. Positioned at 1667 Allesandro St., the property is situated on the border of the Echo Park and Silver Lake neighborhoods, which are among the most densely populated areas in Los Angeles. The location provides easy access to Downtown, Koreatown, Los Feliz, and major Southern California freeways such as I-5, US-101, and I-110.

The area surrounding the property is rich in cultural amenities, making it an attractive location for residents. This development is poised to offer a high quality of living in one of LA’s premier neighborhoods, with convenient access to key transportation routes and local attractions.


More from this stream


‘Willi Candra Appointed Chief Digital and Tech Officer at Conair’

Conair is focusing on its digital capabilities, adding Willi Candra to its leadership team as its chief digital and technology officer. The newly created role follows a...

Test-driving Lucid’s 2024 Air models and previewing the future ‘Mid-Size’ EVs

In addition to our recent drive of the Lucid Air Sapphire, we got the opportunity to test drive all of the American automaker’s 2024 models, including Pure, Touring, and Grand Touring, and have...

Swell ETH Restaking Fund Launched in Collaboration with DeSyn Protocol

DeSyn Protocol joins Swell to introduce a disruptive financial product that aims to change the manner people invest in decentralized finance. Powered by DeSyn Protocol’s cutting-edge technology, the...

‘Major Token Launchpad Revealed by Binance’

Binance is launching Binance Megadrop, a token launch platform that merges airdrops with interactive web3 quests to enhance user engagement and provide exclusive access to new web3 tokens.  The...

New Organizational Structure Unveiled by Generali

The Board of Directors of Generali, chaired by Andrea Sironi, has approved a new organizational structure to reflect its main activities proposed by Philippe Donnet, Group Chief Executive Officer. ...