JLL Capital Markets completed the sale of the Class A apartments in the Sarasota area
JLL Capital Markets announced today that it has closed on the sale of Treviso Grand, a Class A, 272-unit, garden-style apartment community located in the Venice submarket of Sarasota, Florida.
JLL worked on behalf of the seller, Zilber Ltd., to complete the sale to a private buyer.
Built in 2019, the luxury apartments consist of one-, two- and three-bedroom floorplan options with high-end amenities including a saltwater pool, pavilion space with grills, 24-hour fitness center equipped with yoga and aerobics space, two dog parks with a pet fountain and pet washing station, two bocce ball courts, an outdoor playground, lounge and a community walking trail surrounding a large lake.
Located at 100 Treviso Grand Circle, the property is positioned in the fast-growing Venice area, which is just 20 minutes south of Sarasota. Touted as a “Best Place to Live in Florida” according to U.S. News & World Report, Venice is known for its charming historic downtown, beautiful Gulf Coast beaches and championship golf courses.
The JLL Capital Markets team representing the seller was led by Senior Managing Director Matt Mitchell , Senior Director Zach Nolan and Associate Drew Jennewein.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales advisory, debt placement, equity placement or a recapitalization. The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.
About Zilber Ltd.
Headquartered in Milwaukee, Wisconsin, Zilber Ltd. is a prominent, full-service real estate company known for its diversified residential and commercial capabilities. The Zilber Ltd. organization has been operating for over 70 years – investing, building and managing real estate throughout the U.S under the Zilber Residential Group, Zilber Property Group, and Homes by Towne brands. Zilber Ltd. is majority-owned by the Joseph and Vera Zilber Charitable Foundation, Inc., a private, nonprofit grant-making institution that seeks to enhance the well-being of individuals, families, and neighborhoods. For more information visit www.zilber.com.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion, operations in over 80 countries and a global workforce of more than 91,000 as of December 31, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
