Sullivan Fortner Receiving the Gilmore Award

TUCSON, AZ (October 29, 2025) — Tucson’s premier celebration of live jazz returns this January with another world-class lineup, thanks to the continued support of HSL Properties, the presenting sponsor of the Tucson Jazz Festival. Now in its 12th year, the festival once again brings internationally acclaimed artists to the heart of downtown Tucson for nine days of performances, education, and community engagement.

Among the standout talents appearing in 2026 is jazz pianist Sullivan Fortner, recently honored by The Gilmore Awards as the inaugural recipient of the Larry J. Bell Jazz Artist Award. The Gilmore Awards, long recognized for celebrating excellence in classical piano, expanded this year to include jazz—a milestone moment for both Fortner and the broader jazz community. The 38-year-old musician received one of the highest distinctions in modern jazz, along with a $300,000 prize, underscoring his artistry and impact on the genre.

In a recent Forbes interview, Fortner spoke about the award’s significance:

“It’s very affirming, and it shows that people actually care about the music and about culture—something that is American at its core and that exists because of merit. It can encourage and inspire young musicians, in particular pianists, to continue to practice, learn, expand, and challenge themselves to be better—not only as musicians but as humans.”

Fortner and his trio will perform two shows at The Century Room on January 17, 2026 (6:30 p.m. and 8:30 p.m.), followed by a Jazz Brunch at The Grand on January 18 at 10:30 a.m. as part of the HSL Properties Tucson Jazz Festival, scheduled for January 16–24, 2026.

The continued partnership of HSL Properties, one of Southern Arizona’s most respected real estate investment and management companies, reflects its long-standing commitment to supporting arts and culture throughout the region. Through its presenting sponsorship, HSL helps ensure that the Tucson Jazz Festival remains a cornerstone of the city’s creative identity—bringing together global talent, local audiences, and a shared appreciation for live performance.

For tickets and a complete festival lineup, visit www.tucsonjazzfestival.org

JLL Capital Markets facilitates the sale of Summers Point in a desirable West Valley location

PHOENIX, (Oct. 29, 2025) –  JLL Capital Markets announced today that it has arranged the $20 million sale of Summers Point, a distinctive 164-unit value-add multifamily community located in Glendale, Arizona’s rapidly growing West Valley.

JLL represented the seller, Wealhouse Capital Management, and also arranged the financing in the transaction.

Summers Point is strategically positioned at 4441 West Bethany Home Rd. in a desirable area of Glendale, a city experiencing rapid growth and development with billions of dollars being invested in recent and ongoing projects throughout the region. The property offers excellent proximity to major employment centers, entertainment venues, and educational institutions, including Grand Canyon University, located just 1.32 miles away.

The community was built in 1980 and features 16 buildings across 4.3 acres with a diverse unit mix including studios, one- and two-bedroom apartments averaging 572 square feet. Current ownership successfully renovated 98 of the 164 units, leaving significant value-add potential for future renovations on the remaining 66 units. Renovated units feature premium finishes including white shaker cabinetry with brushed nickel hardware, vinyl wood plank flooring, stainless steel appliances and subway tile backsplashes.

JLL Capital Market’s Investment Sales and Advisory team was led by Senior Managing Directors Brian Smuckler and Jeff Seaman and Senior Directors Derek Smigiel and Bryson Fricke.

“Summers Point represented a compelling opportunity to acquire a partially renovated asset within an affordable submarket that is well positioned for future rental increases,” said Smuckler. “The property’s condition, best-in-class community amenities and significant value-add potential made it an attractive investment opportunity.”

“With Glendale’s strong population growth, diversifying economy and limited new housing development, Summers Point provides a solid foundation for sustained rental demand,” added Seaman. “The West Valley continues to attract major investments including the $1 billion VAI Resort and TSMC’s $165 billion semiconductor investment, creating exceptional growth prospects for the area.”

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 and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

JLL Capital Markets facilitates loan for multifamily property in South Tucson

TUCSON, (Oct. 28, 2025) –  JLL Capital Markets announced today that it has secured a $19.5 million refinancing for Villas Las Mandarinas, 322-unit apartment community in Tucson, Arizona.

JLL worked on behalf of the borrowers, GDL Asset Management, LLC, and GDL Property Management, LLC, whose CEO is Genaro Diaz, to secure a fixed-rate loan with Santander Bank N.A.

Villas Las Mandarinas, located at 4250 E. 29th St., is a garden-style apartment complex that offers convenient access to major employment centers and amenities in Tucson’s established residential corridor.

Tucson continues to demonstrate economic resilience with growing rental demand and investor confidence. The market has shown particular strength in the Class-B apartment segment, attracting both local and institutional capital.

Built in 1977 and renovated in 2023, Villas Las Mandarinas offers modern amenities within a recently updated community. The property features 322 units averaging 389 square feet, positioned as workforce housing in Tucson’s competitive rental market. The comprehensive 2023 renovation enhanced the property’s competitive position and rental potential.

Senior Managing Director Brad Miner and Associate Drew Lydon led JLL Capital Market’s Debt Advisory team representing the borrower.

“The successful refinancing of Villas Las Mandarinas demonstrates continued lender confidence in quality, renovated assets in the Tucson market,” said Miner. “Santander Bank’s competitive terms and flexible structure made this an ideal financing solution for Greenwater’s investment strategy.”

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 and advisory, debt advisory, equity advisory, or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.