JLL Capital Markets announced that it has assisted in arranging equity and construction financing for the development of Preserve at Ridgeville Apartments, a 240-unit, mid-rise, garden-style multi-housing community in the Charleston-area community of Ridgeville, South Carolina.

JLL represented the development team of Piedmont Private Equity and Ecstatic Properties, which is lead by John Cattano, in arranging the equity partnership with American South Real Estate Fund; local Charleston equity with Material Capital Partners and Altriarch Capital; and the construction loan with Churchill Stateside Group, LLC.

Once completed, the three-story property will feature top-of-the-market unit amenities and best-in-class community amenities, including a resort-style pool, state-of-the-art health club with virtual classes by Fitness on Demand, a Bark Park with pet washing area and a putting green.

Located at 1050 Old Gilliard Rd., it is the closest multi-housing property to the Santee Cooper industrial park Camp Hall featuring the Volvo Car US plant and is poised to capitalize on the rapid job growth in the submarket. 

The JLL Capital Markets debt and equity team that represented the developer was led by Director John Gavigan.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization. The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.