Trevato Development Group Secures $76.8 Million Construction Loan From Ameris Bank In Jacksonville Beach

The asset involved in this transaction is a development site located at 1944 Beach Boulevard, Jacksonville Beach, FL. Trevato Development Group is the landlord for this project, which encompasses a construction loan amount of $76,800,000 for a mixed-use development featuring 415 residential units and 1,800 square feet of retail space. Groundbreaking for the development occurred on July 1, 2026, with the expected delivery of the first residential units in the fourth quarter of 2028.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $76,800,000
• Lender: Ameris Bank
• Landlord: Trevato Development Group
• Broker: Mark West - JLL
• Loan Type: Construction
• Loan Terms: four-year, floating-rate

Mark West represents JLL Capital Markets in securing the construction loan. This financing will support Trevato Development Group's ambitious mixed-use project aimed at enhancing the local market in Jacksonville Beach, Florida.