JLL Capital Markets Group Secures $38 Million in Construction Financing for GroveParc Build-to-Rent Development in Tampa, Florida

MIAMI, FL - JLL Capital Markets announced today that it arranged $38 million in construction financing for GroveParc Townhomes, a 190-unit, Class A build-to-rent development located in Wesley Chapel, Florida (Tampa MSA).
JLL worked on behalf of the borrower, ResiBuilt, to secure the loan through a regional bank.
The project is expected to be completed in January of 2025 and will feature three- and four-bedroom townhomes with garages and private backyards. The community will be gated and will...

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