Arcadia Huntsville lands $53M refinancing
United States, Sept. 29 -- JLL Capital Markets announced today that it has arranged $53 million in refinancing for Arcadia Huntsville, a 250-unit luxury apartment community in Huntsville, Alabama.JLL worked on behalf of the borrower, Bobo Development Group, and limited partner, Revitate, to secure the senior financing.Delivered in 2024, Arcadia Huntsville features 250 units across studio, one-bedroom, and two-bedroom floor plans. The property also includes 18,000 square feet of ground floor retail space, with tenants that include a national fitness concept, medical practice and coffee shop. Units feature contemporary finishes, including stainless steel appliances, granite countertops, designer lighting, double vanities, oversized walk-in cl...
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