$44M construction takeout bridge loan secured for 243-unit build-to-rent community in Florida

MIAMI, Jan. 22, 2026 –  JLL Capital Markets announced today that it has arranged a $44 million construction takeout bridge loan for Solamar Wildwood, a 243-unit newly constructed build-to-rent apartment community in Wildwood, Florida.

JLL represented the borrower, Grupo Trusot, in securing the floating-rate loan through a $5 billion publicly traded real estate investment trust.

Solamar Wildwood, located at 4734 Silver Star Dr., is strategically positioned adjacent to The Villages, the nation's leading 55+ active adult retirement community. The property offers a premium non-age-restricted housing option in an area experiencing explosive growth, with The Villages MSA population increasing by 61.9% since 2010 and projected to grow an additional 14.5% by 2029.

Solamar Wildwood offers residents the benefits of single-family living within a purpose-built community. The build-to-rent multifamily development spans 27.85 acres and features 243 units across three two-story buildings, with an average unit size of 1,349 square feet. Units range from one-bedroom apartments at 756 square feet to three-bedroom homes at 1,999 square feet, with many featuring attached garages and semi-private backyards.

JLL Capital Market’s Debt Advisory team was led by Managing Director Max La Cava and Senior Managing Director Melissa Quinn.

JLL originally arranged the construction loan for the project in 2023 and now executed a strategic bridge refinancing that reduced the developer's cost of capital.

“This transaction exemplifies the full-cycle expertise our JLL Debt Advisory Team brings to development projects,” said La Cava. “From land loans and construction financing through bridge and permanent placement, we partner with our clients to create bespoke capital markets solutions that help achieve their strategic objectives.”

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

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For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.