JLL arranges $100M financing for 2-property Florida multifamily portfolio
United States, Oct. 6 -- JLL Capital Markets announced today that it has arranged $100 million in bridge financing for Waypoint Residential's two-property portfolio in Florida, facilitating the recapitalization of recently completed construction projects.JLL worked on behalf of the borrower, Waypoint Residential, to secure floating-rate construction take-out financing with TPG Real Estate Credit.The portfolio consists of The Pointe at Davis Creek, a 288-unit garden-style community located at 12175 Philips Highway in Jacksonville, and The Bradley St. Augustine, a 250-unit garden-style community located at 350 Bay Laurel Drive in St. Augustine.Both properties delivered in Q1 2025 and feature state-of-the-art amenity packages, including resort...
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