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EBSC Lending Provides $54M Construction Loan in Gainesville.

  • Elite Business Service, LLC. Nationwide Private Lender
  • Jan 20
  • 3 min read

Updated: 4 days ago

EBSC Lending has provided $54.0 million in senior construction financing to support the ground-up development of Phase I of a 180-unit multi-housing community in Gainesville, Florida. The financing carries a 48-month, interest-only term and supports the initial phase of a broader mixed-use development planned to meet expanding housing demand in one of Florida’s fastest-growing markets.


The project is designed to deliver a high-quality coastal lifestyle residential experience with a strong emphasis on both indoor and outdoor amenity programming. The development will incorporate destination-level resident offerings intended to support long-term demand and an elevated daily living experience.

Transaction Overview

Phase I will deliver 180 new residential units and a substantial amenity footprint totaling approximately 50,000 square feet of private resident programming. Key features of the Dwell-designed community include:


  • A rooftop pool deck and outdoor lifestyle spaces

  • A restaurant located in the lobby

  • A state-of-the-art fitness center with a covered yoga terrace

  • 24-hour concierge services

  • A pet-friendly resident experience with thoughtful community design


The private courtyard will be anchored by a 60-foot-tall native ficus tree and will include outdoor private dining areas for residents, reinforcing the project’s focus on curated outdoor environments and community interaction. In connection with the financing, Martin Alex, CEO – Origination of EBSC Lending, stated, “We are pleased to provide $54 million in senior construction financing for Phase I of this 180-unit multi-housing community in Gainesville, Florida. Demand across Florida remains strong, and Gainesville continues to stand out as a high-growth market. This development will deliver high-quality new housing and an exceptional amenity offering that supports long-term resident demand.”

Market Context + What It Means

Florida continues to benefit from sustained in-migration, employment growth, and expanding housing demand—particularly in markets where new development can meaningfully contribute to long-term supply needs. Gainesville has increasingly emerged as an attractive growth market, supported by continued local economic expansion and demographic tailwinds.

By providing senior, interest-only construction capital with a defined 48-month term, EBSC Lending enabled the sponsor to move forward with Phase I execution while aligning financing with the construction timeline and broader mixed-use business plan. This transaction reflects EBSC Lending’s ongoing commitment to delivering flexible, efficient capital solutions for developers executing ground-up construction in high-growth U.S. markets.

Frequently Asked Questions

What type of loan did EBSC Lending provide for this project?EBSC Lending provided $54.0 million in senior construction financing for Phase I of a 180-unit multi-housing development in Gainesville, Florida, structured with a 48-month, interest-only term.


What makes this project distinctive?The project is designed around a true coastal lifestyle concept, featuring approximately 50,000 square feet of private amenities—including a rooftop pool deck, lobby restaurant, concierge services, and a courtyard anchored by a 60-foot native ficus tree with private outdoor dining areas.


Why Gainesville, Florida?Gainesville continues to stand out as a high-growth Florida market with increasing housing demand and long-term economic expansion—making it well-positioned for new residential supply and mixed-use development.


What types of projects does EBSC Lending finance?EBSC Lending provides bridge loans, construction loans, and customized private financing solutions across a broad range of commercial and residential real estate asset types nationwide.

Related EBSC Lending Financing Programs

EBSC Lending provides flexible private capital solutions across the United States, including:


 
 
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