JLL Arranges $463M Bridge Financing for Thompson Thrift's Multifamily Portfolio
JLL’s Capital Markets group has arranged a $463 million bridge financing deal to refinance construction loans on an eight-property, Class A multifamily portfolio developed by Thompson Thrift. The floating-rate loan was secured through Barings and will retire existing construction debt across properties delivered in phases during 2025 and 2026. The portfolio spans seven major U.S. markets—Orlando, Pensacola, North Port-Sarasota-Bradenton, Vero Beach, Palm Bay-Melbourne-Titusville, Atlanta, and Phoenix—and includes luxury amenities such as fitness centers, smart home technology, and resort-style pools. Each property is strategically located near retail corridors, major employers, military bases, and transportation hubs. JLL’s Debt Advisory team led the transaction under Senior Managing Director Danny Kaufman and others. The deal highlights JLL's role in facilitating large-scale real estate financing solutions across diverse markets.
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Topics: bridge loan Class A multifamily portfolio construction financing