Larry Baum Of Stellar Communities Secures $46.8 Million Construction Loan For BTR At 3795 Flypark Drive

The property involved in this transaction is located at 3795 Flypark Drive in the Rockledge market. It is categorized as a Build-to-Rent (BTR) asset. The loan amount for this project is $46,800,000, which is designated for construction purposes.

Summary of transaction details:

• Property Type: Build-to-Rent
• Transaction Amount: $46,800,000
• Landlord: Larry Baum - Stellar Communities
• Broker: Max La Cava, Pier Barinci, Alex Riva & Luke Maganas - JLL
• Loan Type: Construction

The transaction involves significant stakeholders with Larry Baum representing Stellar Communities as the landlord. The brokerage team includes Max La Cava, Pier Barinci, Alex Riva, and Luke Maganas from JLL, who are responsible for facilitating this deal.