JLL has arranged $60 million in construction financing for The Kavista, a 282-unit, eight-story multi-housing development located in the El Portal neighborhood of Miami, FL.

A JLL team of Melissa Rose and Michael DiCosimo represented the borrower, Barrington Brothers LLC, to secure the 2.5-year construction loan through Trez Capital.

According to JLL, Barrington Brothers worked diligently with the Village of El Portal to increase density and height limits. The borrower has previously developed and stabilized three multi-housing communities totaling 190 units directly across the street from The Kavista.

The Kavista, which is situated between Miami Shores and Little River, will feature architectural and landscaping design that draws from El Portal’s historic Sherwood Forest and bird sanctuary.

The property is close to major thoroughfares, leveraging access to Biscayne Boulevard, SR-934 and I-95 to connect residents to over 60 million square feet of office and commercial space in the greater Miami area.