JLL Capital Markets says it completed the sale of The Juliette, a 330-unit apartment community in Wildwood, Florida, and arranged seven-year acquisition financing for buyer Centennial Holding Company. The 2024-built property sits beside The Villages, a fast-growing master-planned community, and was 82.4% leased at the time of the announcement.
Key takeaways
- Centennial Holding Company acquired The Juliette; JLL represented the seller and sourced the buyer.
- JLL arranged a seven-year acquisition loan through Freddie Mac.
- The 330-unit community includes apartments and rental townhomes and was 82.4% leased.
- Its location connects residents to The Villages, nearby retail and local employment centers.
Sale and financing complete
JLL announced the transaction on Nov. 9, 2026. The firm’s investment sales team handled the sale, while its debt advisory team arranged financing for Centennial. The announcement did not disclose the purchase price or loan amount.
JLL described the deal as a strategic investment in newly delivered housing amid fluctuating interest rates. The company said its teams structured financing to meet the buyer’s objectives, but did not release specific loan terms beyond the seven-year duration and Freddie Mac’s role.
Property offers apartments and townhomes
Completed in 2024, The Juliette occupies 21.76 acres across 14 buildings. It contains 288 one- and two-bedroom apartments and 42 two- and three-bedroom rental townhomes. The homes average 971 square feet and feature finishes and conveniences including stainless-steel appliances, in-unit washers and dryers, and smart-home technology. The townhomes also include direct-access garages.
Amenities include a pool, fitness center, dog park, community garden, outdoor kitchen and business center. A lakeside trail connects the property directly to Millennium Park. The community was 82.4% leased when JLL reported the sale.
Location ties into regional growth
The property is adjacent to The Villages, a 57-square-mile community that continues to expand, with development plans extending into the 2030s. JLL said The Juliette is within five minutes of Brownwood Paddock Square, which has retail, restaurants and entertainment, and less than 10 minutes from Trailwinds Village, a mixed-use center with major retailers and a 24-hour emergency room.
JLL cited Wildwood’s population growth and the area’s employment base as factors supporting demand. The firm argued that rental housing can serve workers in healthcare, retail, hospitality, construction, education and other services who support the region, including those for whom age-restricted housing in The Villages is not suitable.
JLL teams involved
The seller’s representatives included JLL Capital Markets’ Cliff Taylor, Joe Ayers, Kyle Butler and Ted Taylor. The buyer’s financing team included Melissa Quinn, Tyler Ford and Matt Kafka. JLL characterized the transaction as evidence that coordinated sale and financing work can help investors complete acquisitions in a challenging debt market.