Jones Lang LaSalle Secures $114 Million Bridge Financing for Florida Build-to-Rent Portfolio Expansion

Reuters
06-16
Jones Lang LaSalle Secures $114 Million Bridge Financing for Florida Build-to-Rent Portfolio Expansion

Jones Lang LaSalle Inc. has successfully secured a $114 million bridge financing for a two-property build-to-rent portfolio in Florida, marking the largest such financing in the state's history. The transaction includes a $70 million refinancing for EDEN at Heritage Lakes in West Melbourne and a $44 million refinancing for EDEN at Kendall West in Jacksonville. These properties, completed in 2024, offer a range of one-, two-, and three-bedroom units. The financing was arranged by JLL Capital Markets on behalf of a joint venture between EDEN Living and an institutional partner, highlighting JLL's expertise in providing capital solutions for real estate investments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief on June 13, 2025, and is solely responsible for the information contained therein.

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