JV Equity, $70M Construction Loan Secured For Master-Planned Community In Ocala
Calibrex Developments, in partnership with Southern Impression Homes, began construction in July 2026 with Phase I completion expected in 2028.
Calibrex Developments, in partnership with Southern Impression Homes, began construction in July 2026 with Phase I completion expected in 2028.
The Space Coast has emerged as a powerhouse for economic growth, driven by major employers within the aerospace, advanced engineering and defense sectors including NASA, SpaceX, Blue Origin, U.S. Space Force, L3Harris and Raytheon.
JLL Capital Markets represented the seller in the transaction. The brokerage team included Cody Brais, John Huguenard, Luis Castillo, Taylor Osborne, David Orta Jr. and Mia Gian.
The Place at Alafaya will deliver 484 units across three four-story residential buildings and a standalone three-story clubhouse spanning more than 16,000 square feet.
The nearly fully occupied industrial complex spans more than 256,000 square feet near Florida’s Turnpike, U.S. 441 and Orlando International Airport.
JLL Capital Markets arranged the sale of a newly renovated 34,938-square-foot industrial facility located at 4000 Shader Rd.
JLL represented the seller, Galium Capital, and procured the buyer, Duvalla Investments.
“We’re seeing remarkable liquidity in the bridge lending market right now, with lenders aggressively competing to finance new-construction residential communities.”
JLL represented the borrower, Northshore Development, in facilitating the floating-rate loan through ACORE Capital LP.
Sitework on the new infill logistics warehouse development is expected to commence in the first quarter with plans to go vertical later this fall and a projected substantial completion slated for the first quarter 2026.
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