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JLL - JLL's unit gets $425M refinancing for Miracle Mile Shops in Las Vegas
Jones Lang LaSalle Incorporated
2023-06-28 16:23:10 ET
Real estate services company JLL ( NYSE: JLL ) said Wednesday that its Capital Markets group has arranged a $425 million refinancing for Miracle Mile Shops.
Miracle Mile Shops is a 503,484-square-foot entertainment and retail destination located at the center of the Las Vegas Strip.
The current refinancing, which is a five-year, fixed-rate CMBS loan, replaced a maturing 10-year loan that the company placed in September 2013, the company said.