Skip to main content

MIAMI, Nov. 20, 2025 – JLL Capital Markets announced today that it has secured $53.3 million in acquisition financing for Advenir at Lighthouse Point, a 249-unit apartment community in Pompano Beach, Florida.

JLL worked on behalf of the borrower, Advenir Azora, to arrange the five-year, fixed-rate loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo Lender.

Advenir at Lighthouse Point is located at 4611 N Federal Hwy in Pompano Beach. The property is within easy commuting distance of employment centers in Downtown Fort Lauderdale, Plantation, Cypress Creek, Coconut Creek and Boca Raton, all of which are home to numerous corporations, including Virgin, Bank of America, Cit, Wells Fargo and more. The immediate area also offers an abundance of retail, dining and entertainment options as well as recreational facilities such as Pompano’s shore and pier.

Originally built in 2015, Advenir at Lighthouse Point is a six-story building with one-, two- and three-bedroom units averaging 887 square feet each. Units feature modern interiors with stainless steel appliances, granite countertops and private balconies. Community amenities include a rooftop lounge with ocean views, a resort-style pool, a 24-hour fitness studio and a parking garage. Advenir at Lighthouse Point is currently 95% occupied.

Matthew Zaverucha, Partner of Investments at Advenir Azora, commented, “We see this as an exciting opportunity to continue to expand our South Florida footprint within the growing Pompano Beach submarket. The area’s strong demographic trends, ongoing coastal redevelopment, and constrained new supply create an ideal environment for high-quality multifamily investment.”

JLL Capital Markets’ Debt Advisory team representing the borrower was led by Managing Director Jesse Wright, Associate JJ Hovenden and Analyst Luke Maganas.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom.

About JLL

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 WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

About Advenir Azora

Advenir Azora is a vertically integrated Miami-based real estate company. Advenir Azora was founded by Stephen Vecchitto in 1996 and historically has been a value-add investor of multi-family apartment communities.

Today, Advenir Azora acquires and develops multi-family communities, single-family built-for-rent (BFR) communities, and medical office buildings that generate superior risk-adjusted returns for our investors. Advenir Azora has owned and operated over 30,000 multi-family units with a valuation in excess of $5 billion.