FINANCED
JLL Secures $32.7M Loan For Development Site In Wildwood, Florida
JLL secures $32,700,000 loan for development site property in Wildwood
Development Site
Financed 184 days ago
Summary
Loan
FLORIDA
Development Site
JLL has secured $32.7 million in financing for the development of Townhomes at Powell, a 132-unit build-to-rent community in Wildwood, Florida, near The Villages. The property, developed by Agador Spartacus Development, will offer 92 two-story flats and 36 townhomes.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $32,700,000
- Market: Wildwood
The development of Townhomes at Powell in Wildwood, Florida, has been financed with a loan of $32.7 million. The build-to-rent community, consisting of 92 two-story flats and 36 townhomes, is being developed by Agador Spartacus Development. JLL, represented by brokers Justin Sosa, Max La Cava, and Shane Ciacci, facilitated the financing for this project.
Players
All
4
Agents
3
Agencies
1
Details
FINANCED
IMAGE: Shane Ciacci, Alan Benenson, Max La Cava, Alberto Dichi, Justin Sosa & Samy Cohen
DATE: 11/02/2023
MARKET: Wildwood
ASSET TYPE: Development Site
LANDLORD: Agador Spartacus Development - Samy Cohen, Alberto Dichi (@Aberto.Dichi) & Alan Benenson
BROKERS: Justin Sosa, Max La Cava (@Max_La_Cava) & Shane Ciacci - JLL (@JLL)
LOAN AMOUNT: $32,700,000
LOAN TERMS: non-recourse
NOTE: JLL has secured $32.7 million in financing for the development of Townhomes at Powell, a 132-unit build-to-rent community in Wildwood, Florida, near The Villages. The property, developed by Agador Spartacus Development, will offer 92 two-story flats and 36 townhomes.View on map
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AddressJLL secures $32,700,000 loan for development site property in Wildwood
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