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Florida & Gulf Coast  + North Florida  + Apartments  | 
Trevato

Trevato Lands $76.8M Construction Loan for Jax Apartment Complex

Trevato Development Group obtained a $76.8 million construction loan to build a mixed-use development in Jacksonville. The four-year, floating-rate loan was provided by Ameris Bank. A JLL Capital Markets team led by Mark West secured the loan.

The development, located at 1944 Beach Blvd. in Jacksonville Beach, will include a 415-unit apartment complex and 1,800 square feet of retail along Beach Boulevard.

The Class A multifamily community will offer a mix of one-, two- and three-bedroom units averaging 989 square feet. Residents will enjoy amenities including multiple courtyards, a pool complex with cabanas and sun shelf, fitness centers, co-working spaces, outdoor summer kitchens, bocce ball courts, hammock islands and a dog park with a washing station.

Construction is underway, with first units delivered in the fourth quarter of 2028 and stabilization anticipated by September 2030.

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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.

  • ◦Financing