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.
/PRNewswire/ Avanta Residential today announced that the firm closed the construction financing for its Painted Tree build-for-rent project with J.P. Morgan..