Stellar Communities, Adam America Real Estate JV Secures $53M for BTR-Palm Bay Community

A joint venture between Stellar Communities and Adam America Real Estate has secured LP equity and a $52.7 million non-recourse construction loan to develop Havens at Palm Bay, a build-to-rent community in Palm Bay, Fla. In its second transaction this year with Stellar and AARE, JLL worked with the firms to secure the capital.

Adam America Real Estate
Ron Vaksin | Managing Partner-Acquisitions/Dispositions
Stellar Communities
Larry Baum | Co-Founder/Managing Partner

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