JLL Arranges $76.8M Construction Loan for Multifamily Development in Jacksonville Beach

Inland National Development Company to co-develop 342-unit multifamily community in downtown Rochester

Inland National Development Company, LLC will co-develop Citywalk Apartments, a 342-unit, market-rate multifamily community in downtown Rochester, Minnesota, directly across from Mayo Clinic’s downtown campus. Construction on Citywalk Apartments is expected to begin July of 2026, with completion anticipated in 2028. INDC and Reuter Walton Development, LLC (“RWD”), an award-winning real estate firm based in St. Louis Park, Minnesota are working t…

JLL Arranges $76.8M Construction Loan for Multifamily Development in Jacksonville Beach

JACKSONVILLE BEACH, FLA. — JLL has arranged a $76.8 million construction loan for a 415-unit multifamily development in Jacksonville Beach. Mark West led the JLL team in arranging the four-year, floating-rate loan through Ameris Bank on behalf of the borrower, Trevato Development Group. Located along Beach Boulevard, the community will feature a mix of one-, two- and three-bedroom apartments averaging 989 square feet in size, as well as 1,800 sq…