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Jax Apartment Investor Inks $78M Refi

Trevato Development Group, a sister company of Block One Ventures, closed on a $78 million refinance of The Station at San Marco, a 345-unit multi-family project in Jacksonville, Florida, with a natio

Summary

Trevato Development Group, a sister company of Block One Ventures, closed on a $78 million refinance of The Station at San Marco, a 345-unit multi-family project in Jacksonville, Florida, with a nationally known insurance company.

The refinance provides Trevato with a low-cost takeout of its construction loan at 90% of cost, and follows a $73 million...

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