Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Florida & Gulf Coast CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Florida & Gulf Coast  + Gulf Coast  + Apartments  |  May 8, 2026
Santa Rosa
Mike Boyd
By: Mike Boyd

Bristol Closes $79M Refi on Santa Rosa Rental Community

Bristol Development snagged a $79 million refinancing on The Jewel at Santa Rosa Beach, a 408-unit multifamily development at 158 Malachite Way, in Santa Rosa Beach.

A Walker & Dunlop Capital Markets Real Estate Finance team, led by Jeremy Pino, Livingston Hessam, Carl Passmore and Kyle Miller, coordinated the transaction on behalf of Bristol . The team worked alongside Walker & Dunlop FHA Finance’s Keith Melton and David Strange to arrange the interest-only, non-recourse, bridge loan with an institutional debt fund.

The Jewel at Santa Rosa Beach features residences with one-, two-, and three-bedroom layouts. Amenities include a clubhouse, fitness and yoga studio, two swimming pools, coworking space, golf lounge, pet spa and park, and outdoor recreation areas.

The Jewel at Santa Rosa Beach is located along US Highway 98, just three miles north of the 30A corridor, offering convenient access to beaches, retail, dining, and major employment centers throughout the Florida Panhandle. 

Connect

Inside The Story

Briston

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
Order Reprints
  • ◦Financing
New call-to-action
New call-to-action