Rivr Lofts, completed in November 2024 and currently 65% leased, offers a mix of studios, one- and two-bedroom residences averaging 649 square feet across 231,113 rentable square feet.
The financing will fund construction for the new, Class A logistics facility in Davie, Florida on the 11.3-acre site formerly home to an events and catering space.
The JLL Capital Markets team was led by Senior Managing Director Melissa Rose, Director Michael DiCosimo and Analyst Mateo Bolivar.
The Kavista will feature 282 rental units on a two-acre site at 495 NE 83rd St.
JLL worked on behalf of the borrower, Sterling Organization, to secure the five-year, fixed-rate loan.
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