Jay Massirman, Jay Jacobson, Sergio Socolsky & Marc Chasin Of EDEN Living Secure $114M Bridge Financing For 638 Build-to-Rent Homes

The transaction involves 638 units of Build-to-Rent, Single-Family Homes located at 4850 Heritage Lakes Boulevard and 9105 Treddick Parkway. The total square footage of the properties is 625,717. The properties are situated in the Melbourne and Jacksonville markets and have an associated loan amount of $114,000,000 through bridge financing.

Summary of transaction details:

• Property Type: Build-to-Rent, Single-Family Homes
• Transaction Amount: $114,000,000
• Address: 4850 Heritage Lakes Boulevard & 9105 Treddick Parkway
• Market: Melbourne & Jacksonville
• Units: 638
• Square Footage: 625,717
• Landlord: Jay Massirman, Jay Jacobson, Sergio Socolsky & Marc Chasin - EDEN Living
• Brokers: Max La Cava & Melissa Marcolini Quinn - JLL
• Loan Type: Bridge Financing

The deal involves prominent individuals including landlords Jay Massirman, Jay Jacobson, Sergio Socolsky, and Marc Chasin from EDEN Living, who are responsible for the property ownership. The brokerage representation comes from Max La Cava and Melissa Marcolini Quinn of JLL, who facilitated the transaction.