Trevato Development Group announced a $78 million refinancing of The Station at San Marco mutlifamily project, developed by Trevato sister company Block One Ventures.\u00a0<\/p>\n
Jacksonville Beach-based Trevato announced in an April 29 news release it had completed the refinancing \u201cwith a nationally known insurance company\u201d it did not identify.\u00a0<\/p>\n
The five-story building at 1230 Hendricks Ave. opened in 2024. It was permitted for 345 units.<\/p>\n
Trevato said the refinance provided it with a low-cost takeout of its construction loan at 90% of cost and followed a $73 million refinance of the Residences of Enso off San Pablo Parkway south of Beach Boulevard. That project was completed in 2025.<\/p>\n
\u201cThe refinance for Station at San Marco provides term funding, satisfying the last remaining construction loan in Trevato\u2019s portfolio,\u201d the release said.<\/p>\n
\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Trevato Development Group announced a $78 million refinancing of The Station at San Marco mutlifamily project, developed by…\n","protected":false},"author":2,"featured_media":251636,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[116,118,117],"class_list":["post-251635","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jacksonville","tag-jacksonville","tag-jacksonville-headlines","tag-jacksonville-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/251635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=251635"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/251635\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/251636"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=251635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=251635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=251635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}