MIAMI, FL - EDEN Living started construction on its EDEN at Tradition project in Port St. Lucie’s expanding Tradition community. The development with 214 townhome-style units will bring much-needed new build-to-rent product to the growing area.
The EDEN at Tradition groundbreaking comes on the heels of EDEN Living obtaining a $55 million construction loan for the project. The lender was not disclosed.
EDEN at Tradition will include a mix of two and three-bedroom townhomes, all with.
MIAMI, FL - EDEN Living, with the mission to redefine a lacking segment of the rental population, is poised to accommodate intense demand for build-to-rent product in Port St. Lucie’s expanding Tradition community. EDEN Living, in a joint venture with affiliates of Westport Capital Partners, just acquired a nearly 20-acre site with plans to develop 214 townhome-style units.
The project site is located on the northwest corner of Southwest Village Parkway and Paar Drive. Tradition master.
MIAMI, FL - EDEN Living, with the mission to redefine an underserved segment of the rental population, secured financing for its horizontal apartment project under construction just south of Florida’s The Villages community. City National Bank provided the partnership with a $22 million construction loan for the 130-unit build-to-rent development on 15 acres in Wildwood, FL.
The financing transaction closed on March 6. EDEN Living began construction on the project at 2072 County Road 501.
WEST MELBOURNE, FL - EDEN Living, the development partnership of EDEN Living Development Partners LLC with the mission to redefine an underserved segment of the rental population, is set to start construction on a new development in Florida’s rapidly growing Space Coast market. A recently formed venture between EDEN Living and an investment fund managed by Morgan Stanley Real Estate Investing (“MSREI”) closed on the acquisition of a development site in West Melbourne, Florida.
JACKSONVILLE, FL - EDEN Living, the development partnership of EDEN Living Development Partners LLC with the mission to redefine an underserved segment of the rental population, began construction on its first development. The 265-unit project in Jacksonville, Eden Arlingwood, is also the initial development of the recently formed venture between EDEN Living and an investment fund managed by Morgan Stanley Real Estate Investing (“MSREI”).
EDEN Living completed the $8 million.