FINANCED
JLL Arranges $38M Construction Financing For GroveParc Townhomes In Wesley Chapel
6568 Halo Bend Court
MultiFamily
Financed 318 days ago
Summary
Loan
FLORIDA
MultiFamily
JLL Capital Markets has arranged $38 million in construction financing for GroveParc Townhomes, a 190-unit build-to-rent development located at 6568 Halo Bend Court in Wesley Chapel, Florida. The project is being led by ResiBuilt and is expected to be completed in January 2025. The upscale townhomes will offer a range of amenities and are conveniently located near Downtown Tampa.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $38,000,000
- Units: 190
- Landlord: ResiBuilt
The loan for GroveParc Townhomes was secured through JLL, with Drew Jennewein and Max La Cava as the representatives from JLL Capital Markets. Matthew Putterman also played a role in the transaction as a representative from JLL. This financing will support the construction of the townhome development, adding to the housing options in Wesley Chapel.
Players
All
4
Agents
3
Agencies
1
Details
FINANCED
IMAGE: Drew Jennewein, Max La Cava & Matthew Putterman
DATE: 06/20/2023
ADDRESS: 6568 Halo Bend Court
MARKET: Wesley Chapel
ASSET TYPE: MultiFamily ~ UNITS: 190
LANDLORD: ResiBuilt
BROKERS: Drew Jennewein - JLL, Max La Cava - JLL, Matthew Putterman
LOAN AMOUNT: $38,000,000
LOAN TYPE: Construction
NOTE: JLL Capital Markets has arranged $38 million in construction financing for GroveParc Townhomes, a 190-unit build-to-rent development in Wesley Chapel, Florida. The project, led by ResiBuilt, is expected to be completed in January 2025 and will offer upscale townhomes with a range of amenities in a prime location near Downtown Tampa.View on map
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Address6568 Halo Bend Court
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