Ceiba Groupe's Adam Bedzow & Jeremy Bedzow Secure $40.2M Construction Loan In Jacksonville

The asset involved in this transaction is a multifamily and build-to-rent property located at 15275 Main Street in Jacksonville, comprising 227 units. The total loan amount secured for this construction project is $40,200,000.

Summary of transaction details:

• Property Type: Multifamily & BTR
• Transaction Amount: $40,200,000
• Address: 15275 Main Street
• Market: Jacksonville
• Lender: Crestline Investors
• Landlord: Adam Bedzow & Jeremy Bedzow - Ceiba Groupe
• Landlord's Representatives: Brian Gaswirth, Kenny Cutler, Justin Ratcliffe & Chris Drew - JLL
• Loan Type: Construction

The transaction is represented by Brian Gaswirth, Kenny Cutler, Justin Ratcliffe, and Chris Drew, all affiliated with JLL, representing the landlords, Adam Bedzow and Jeremy Bedzow of Ceiba Groupe, in securing the construction loan for this multifamily asset.