facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

All

/

Loan

/

9105 Treddick Parkway

Updated Feb 13, 2025

EDEN Living Secures $44.3 Million Refinance Loan For 265-Unit Build-to-Rent Property In Jacksonville
FINANCED

EDEN Living Secures $44.3 Million Refinance Loan For 265-Unit Build-to-Rent Property In Jacksonville

9105 Treddick Parkway

$41,500,000

$158/SF

Building Size

261,820 SF

Asset Type

—

Closing

Feb 5, 2025

About this deal

AI

The property involved in this transaction is a Build-to-Rent asset located at 9105 Tredinick Parkway in the Jacksonville market. The asset comprises a total square footage of 261,820 and includes 265 units. The transaction involved a loan amount of $44,300,000, which was secured through a refinance.

Summary of transaction details:

  • Property Type: Build-to-Rent
  • Transaction Amount: $44,300,000
  • Address: 9105 Tredinick Parkway, Jacksonville
  • Market: Jacksonville
  • Square Footage: 261,820
  • Units: 265
  • Landlord: EDEN Living
  • Brokers: Max La Cava, Melissa Quinn, Rob Rothaug, Kenny Cutler, Pier Barinci - JLL

The key individuals involved in this transaction include Max La Cava, Melissa Quinn, Rob Rothaug, Kenny Cutler, and Pier Barinci, who all represent JLL in this deal. Their collaboration facilitated the refinance process for the landlord, EDEN Living, enhancing the funding structure for the property.

On the Map

Open live map

$41,500,000

$158/SF

View full map

Players

Max La Cava

JLL

Broker

$1.8B

vol

51 deals

Broker
Bilt advertisement

Jacksonville CRE Market Snapshot

Boundary boundary · CRE · Loan transactions

Loading comparables…

Deal FAQ

About $158 per square foot on a published $41.5M for 261,820 square feet (2025).

Visit Kenny Cutler to view all their deals.

Browse Jacksonville loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.38%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets