Commercial lender provides financing to prominent developer Allen Morris Company

ATLANTA, GA – (May 19, 2022)  Trez Capital, a private real estate lender helping to build better communities across North America, provided a $24,538,939 loan to fund a renowned developer’s acquisition of 15.5 acres zoned for high-density, mixed-use development in the Atlanta market. The land is located next to the Westside Trail of the Atlanta BeltLine in West Midtown, an area experiencing substantial growth and investment.

The borrower,. Miami-based Allen Morris Company, acquired the site. The seller, Tenth Street Ventures, will stay on as a partner.

Trez Capital Managing Director-Atlanta Caperton Putt originated the loan on behalf of the sponsor, 1060 DLH, LLC.  The Atlanta office is part of Trez Capital’s Southeastern U.S. region led by Executive Managing Director Brett Forman.

“This project will ultimately help the local community grow by bringing new investment to the area,” Putt said.  “The developer will take a largely vacant tract of land and convert it into a neighborhood destination with broad service offerings.”

1060 Donald Lee Hollowell Parkway sits within the energetic industrial chic “entertainment” district that is in Atlanta’s Westside. The area surrounding the site has expanded significantly in recent years, bringing new investments to the area. The site is adjacent to a future BeltLine junction connecting to the Westside Trail and near the planned Microsoft campus at Quarry Yards that will bring 15,000 jobs to the area.

“We are believers in the long-term growth story of the Westside,” said Spencer Morris, President of the Allen Morris Company. “We look forward to collaborating with the Atlanta Beltline Inc. and surrounding neighborhood groups to design a mixed-use project that serves the community, and creatively activates the upcoming fourth phase of the Westside Beltline Trail.”

Allen Morris Company has a six-decade track record of more than 85 successful developments in Florida, Georgia and other U.S. markets. Active Georgia projects include the phased StarMetals District mixed-use development in Atlanta and Westin® Foxhall Resort + Spa in Douglasville.

“This is our first loan with the Allen Morris Company, which has an incredible reputation for developing successful real estate projects throughout the Southeast U.S.,” Forman said.  “We look forward to growing our relationship working together in the future.”

Lauren Hanley of Patterson Real Estate Advisory Group brokered the transaction.

Forman said the deal showcases Trez Capital’s lending capabilities in the Atlanta market.  In 2021, the Canadian-based private lender funded a $12 million loan for a build-to-rent townhome project in Lawrenceville called Sweetwater Springs. It also funded a $25 million acquisition and construction loan for a downtown Atlanta hotel, and a $26.7 million loan for an acquisition and construction loan for a 67-acre mixed-use project and entertainment center known as the Exchange at Gwinnett in Buford.

Trez Capital provides short-term debt and equity financing typically between six and 36 months in term, up to $100 million in loan value. In 2021, the company originated $3.9 billion in loan originations with $633 million sourced from the Southeastern U.S. region that includes offices in Palm Beach, Florida and Atlanta, Georgia. Trez Capital has nine offices across North America.

The Atlanta office is located at 3414 Peachtree Road NE, Suite 270 in the Buckhead district. To reach Putt, call (470) 206-7001 ext. 7005 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

Commercial lender provides financing to prominent developer Allen Morris Company

ATLANTA, GA – (May 19, 2022)  Trez Capital, a private real estate lender helping to build better communities across North America, provided a $24,538,939 loan to fund a renowned developer’s acquisition of 15.5 acres zoned for high-density, mixed-use development in the Atlanta market. The land is located next to the Westside Trail of the Atlanta BeltLine in West Midtown, an area experiencing substantial growth and investment.

The borrower,. Miami-based Allen Morris Company, acquired the site. The seller, Tenth Street Ventures, will stay on as a partner.

Trez Capital Managing Director-Atlanta Caperton Putt originated the loan on behalf of the sponsor, 1060 DLH, LLC.  The Atlanta office is part of Trez Capital’s Southeastern U.S. region led by Executive Managing Director Brett Forman.

“This project will ultimately help the local community grow by bringing new investment to the area,” Putt said.  “The developer will take a largely vacant tract of land and convert it into a neighborhood destination with broad service offerings.”

1060 Donald Lee Hollowell Parkway sits within the energetic industrial chic “entertainment” district that is in Atlanta’s Westside. The area surrounding the site has expanded significantly in recent years, bringing new investments to the area. The site is adjacent to a future BeltLine junction connecting to the Westside Trail and near the planned Microsoft campus at Quarry Yards that will bring 15,000 jobs to the area.

“We are believers in the long-term growth story of the Westside,” said Spencer Morris, President of the Allen Morris Company. “We look forward to collaborating with the Atlanta Beltline Inc. and surrounding neighborhood groups to design a mixed-use project that serves the community, and creatively activates the upcoming fourth phase of the Westside Beltline Trail.”

Allen Morris Company has a six-decade track record of more than 85 successful developments in Florida, Georgia and other U.S. markets. Active Georgia projects include the phased StarMetals District mixed-use development in Atlanta and Westin® Foxhall Resort + Spa in Douglasville.

“This is our first loan with the Allen Morris Company, which has an incredible reputation for developing successful real estate projects throughout the Southeast U.S.,” Forman said.  “We look forward to growing our relationship working together in the future.”

Lauren Hanley of Patterson Real Estate Advisory Group brokered the transaction.

Forman said the deal showcases Trez Capital’s lending capabilities in the Atlanta market.  In 2021, the Canadian-based private lender funded a $12 million loan for a build-to-rent townhome project in Lawrenceville called Sweetwater Springs. It also funded a $25 million acquisition and construction loan for a downtown Atlanta hotel, and a $26.7 million loan for an acquisition and construction loan for a 67-acre mixed-use project and entertainment center known as the Exchange at Gwinnett in Buford.

Trez Capital provides short-term debt and equity financing typically between six and 36 months in term, up to $100 million in loan value. In 2021, the company originated $3.9 billion in loan originations with $633 million sourced from the Southeastern U.S. region that includes offices in Palm Beach, Florida and Atlanta, Georgia. Trez Capital has nine offices across North America.

The Atlanta office is located at 3414 Peachtree Road NE, Suite 270 in the Buckhead district. To reach Putt, call (470) 206-7001 ext. 7005 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

Alba Palm Beach offers 55 residences at pre-construction prices starting at $2.5 million

WEST PALM BEACH, FLORIDA– (April 25, 2022)  Trez Capital, a private real estate lender helping to build better communities across North America, funded an $82 million loan to build Alba Palm Beach, a luxurious waterfront condominium project that will soon rise in West Palm Beach, Florida.  The new development is located directly on the west bank of the Intracoastal Waterway in the emerging Northwood neighborhood.

Alba is a 22-story tower with 55 luxury residences and four townhomes. Since launching sales in February 2022, more than 30% of the project has been reserved. Prices start at $2.5 million. 

Trez Capital Managing Director Ben Jacobson originated the loan on behalf of the lead developer Kenneth Baboun. Jacobson is based in Trez Capital’s Palm Beach, Florida office led by Executive Managing Director, Eastern U.S. Brett Forman.  BGI Capital structured the loan.

“Alba Palm Beach fills a glaring need for high-end residential product in a rapidly growing area of West Palm Beach,” said Jacobson. “We are excited to complete our first transaction with a sophisticated developer that will bring luxurious waterfront living to the city’s Northwood neighborhood.”

“We are so pleased to announce the securing of financing for Alba Palm Beach, especially with the great market response and sales success we have seen in such a short time since launching sales,” Baboun said.

With the loan in place, an official groundbreaking is expected this fall with a project delivery in 2025.

“Working with the team from Trez Capital was a transparent and seamless experience and we are thrilled to have accomplished this milestone for Alba Palm Beach,” said Robert Barthelmess, Managing Partner of BGI Capital.

The spacious two-, three-, and four- bedroom residences range in size from 1,745 to 4,500-plus square feet. Each has oversized glass-framed terraces with summer kitchens and panoramic views, floor-to-ceiling hurricane impact glass windows, upscale appliances and designer fixtures.

Amenities include a private dock with boat slips for residents only, two pools, dedicated grill and lounge areas, state-of-the-art fitness studio, private elevators, virtual conference spaces, theater and multi-sport simulator rooms.

Alba Palm Beach is located at 4714 North Flagler Dr., just minutes away from world-class beaches, the famed Worth Avenue shopping district, upscale dining options and cultural activities.

“West Palm Beach has been a focal point of the substantial corporate migration to South Florida over the past few years,” said Forman. “That is creating intense demand for luxury residences in the city. Alba Palm Beach is poised to generate significant activity from both new-to-market and local buyers.”

Canada-based Trez Capital provides short-term debt and equity financing typically between six and 36 months in term, up to $100 million in loan value. In 2021, the company originated $3.9 billion in loan originations with $633 million sourced from the Eastern U.S. region that includes offices in Palm Beach, Florida and Atlanta, Georgia.

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About Trez Capital   

Founded in 1997, Trez Capital is a diversified real estate investment firm and preeminent provider of commercial real estate debt and equity financing solutions in Canada and the United States. Trez Capital offers private and institutional investors strategies to invest in a variety of opportunistic, fully secured mortgage investment funds, syndications, and joint ventures; and provides property developers with quick approvals on flexible short- to mid-term financing.  

With offices across North America, Trez Corporate Group has over $4* B CAD in assets under management and has funded over 1,600 transactions totaling more than $14.5 B CAD since inception. The Eastern U.S. team funded nearly $2B since 2016 and more than $630 million in loans in 2021. For more information, visit www.trezcapital.com. (*Trez Corporate Group AUM includes assets held by all Trez-related entities as well as $2.7 B Manager AUM (Trez Capital Fund Management Limited Partnership)).   

About BGI Capital

BGI Capital is a leading full-service alternative lender and commercial real estate debt provider bringing its diverse portfolio of lending solutions to burgeoning communities throughout Florida and New York with locations in Miami-Dade County, Palm Beach County and Manhattan. With a broad network of lenders, BGI Capital can structure loans that benefit unique client situations, enabling them to surpass traditional lending firms and provide access to financing for a wide range of clients. Led by Managing Partners Kenneth A. Baboun and Robert M. Barthelmess, the firm provides direct lending, traditional and specialty financing, and a diverse selection of customized loan products including construction financing, a foreign national program, and bridge loan program. For more information on BGI Capital, please visit www.bgicapital.com. 

Casa Murano, designed for eight luxurious residences, is already sold out

FORT LAUDERDALE, FLORIDA– (April 1, 2022)  Trez Capital, a private real estate lender helping to build better communities across North America, funded a $8,993,934.00 loan to finance construction of Casa Murano, a boutique luxury condominium project located on the water in Fort Lauderdale. The eight-unit building is sold out. Construction is expected to start over the next 30 days and be completed by the end of the third quarter of 2023.

Trez Capital Vice President Scott Mehlman originated the loan on behalf of the developer/borrower Casa Murano, LLC.  Mehlman is based in Trez Capital’s Palm Beach, Florida office led by Executive Managing Director, Eastern U.S. Brett Forman. This is the third loan Trez has closed with the same development group since 2018.   

“We are pleased to work with a repeat borrower that is adding a new luxury living option in Fort Lauderdale,” said Mehlman. “As people continue to move to South Florida in droves, developers cannot build projects like Casa Murano fast enough to meet the insatiable demand for high-end housing with water access.”

The five-story Casa Murano is located on a canal leading to the Atlantic Ocean at 141 Isle of Venice Dr. It is just blocks from popular boutique retail shops and dining spots on Las Olas Blvd. and a quick bike or car ride from Ft. Lauderdale Beach.

This exclusive project offers three-bedroom, four-and-a-half-bathroom units at an average size of 3,120 square feet. Each residence has floor-to-ceiling windows and a private rooftop terrace with a soaking tub and summer kitchen.  Common amenities include a ground-floor pool and deck, and an eight-slip marina for owners use only.

Unit prices range from $2.2 million to $2.8 million.

“The demand for new housing is strong across the country, but perhaps nowhere is it as intense than in South Florida,” said Forman. “Fort Lauderdale remains a magnet for people seeking warm weather year-round and a laid-back coastal lifestyle, with plenty of dining and entertainment options within easy reach.”

In 2021, Casa Murano’s developer closed on a $70 million construction loan for Block 40, a 19-story rental project in Hollywood, Florida. Trez Capital also funded a loan for the land acquisition.

Trez Capital provides short-term debt and equity financing typically between six and 36 months in term, up to $100 million in loan value. In 2021, the company originated $3.9 billion in loan originations with $633 million sourced from the Eastern U.S. region that includes offices in Palm Beach, Florida and Atlanta, Georgia.

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About Trez Capital   

Founded in 1997, Trez Capital is a diversified real estate investment firm and preeminent provider of commercial real estate debt and equity financing solutions in Canada and the United States. Trez Capital offers private and institutional investors strategies to invest in a variety of opportunistic, fully secured mortgage investment funds, syndications, and joint ventures; and provides property developers with quick approvals on flexible short- to mid-term financing.  

With offices across North America, Trez Corporate Group has over $4* B CAD in assets under management and has funded over 1,600 transactions totaling more than $14.5 B CAD since inception. The Eastern U.S. team funded nearly $2B since 2016 and more than $630 million in loans in 2021. For more information, visit www.trezcapital.com. (*Trez Corporate Group AUM includes assets held by all Trez-related entities as well as $2.7 B Manager AUM (Trez Capital Fund Management Limited Partnership)). 

Prominent Central Florida developer Unicorp to utilize funds to deliver much-needed branded luxury residential product

ORLANDO, FLORIDA– (March 21, 2022)  Trez Capital, a private real estate lender helping to build better communities across North America, funded a $42,216,473 construction loan for Unicorp National Developments, Inc.’s The Ritz-Carlton Residences, Orlando, Grande Lakes luxury project. The transaction closed March 18. 

The Chuck Whittall-led Unicorp, one of Central Florida’s largest developers, is addressing market demand for high-end, branded residences with resort-style amenities. The Ritz-Carlton Residences offers 37 spacious three and four-bedroom residences with pools in a gated community. The project is part of the Grande Lakes master-planned community, which includes the luxury Ritz-Carlton Orlando Grande Lakes resort.

Amenities include a private, owners-only clubhouse, a full-service spa, 18-hole Greg Norman signature golf course, 11 restaurants and bars, children’s activities, water sports, hiking, nature trails and more. Located at 4012 Central Florida Parkway, the project offers easy access to downtown Orlando, Winter Park, Orlando International Airport and the area’s many theme parks and attractions.

Trez Capital Managing Director Ben Jacobson originated the loan on behalf of Unicorp. Jacobson is based in Trez Capital’s Florida office, led by Executive Managing Director, Eastern U.S. Brett Forman. 

This is the second significant transaction between Trez Capital and Unicorp since last summer. Jacobson originated a $75.2 million loan for the developer’s 354-unit SOTA 75 rental project in Sarasota in June 2021.

“It is exciting to work with a repeat borrower that has an unparalleled track record for delivering luxury housing in Central Florida and beyond,” Jacobson said. “Orlando’s high-end residential market is underserved. With a world-class brand like The Ritz-Carlton, premier developer and general contractor in Unicorp and Jones Clayton Construction, respectively, and an array of amenities, this project should experience brisk sales activity.”

Orlando is one of the nation’s fastest-growing housing markets, benefitting from domestic migration and nearly 70 million annual visitors. It was one of at least five major U.S. metro areas that saw an annual listing price increase of 18% or more over the past year, according to USA Today. Orlando’s listing prices rose by 20%.

“We are actively targeting opportunities in Orlando and the broader Central Florida region,” Forman said. “Orlando is no longer just about theme parks. It has evolved into a diverse and sustainable real estate market and economy.”

Trez Capital provides short-term debt and equity financing typically between six and 36 months in term, up to $100 million in loan value. In 2021, the company originated $3.9 billion in loan originations with $633 million sourced from the Eastern U.S. region that includes offices in Palm Beach, Florida and Atlanta, Georgia.

                                                                        -30-

About Trez Capital   

Founded in 1997, Trez Capital is a diversified real estate investment firm and preeminent provider of commercial real estate debt and equity financing solutions in Canada and the United States. Trez Capital offers private and institutional investors strategies to invest in a variety of opportunistic, fully secured mortgage investment funds, syndications, and joint ventures; and provides property developers with quick approvals on flexible short- to mid-term financing.  

With offices across North America, Trez Corporate Group has over $4* B CAD in assets under management and has funded over 1,600 transactions totaling more than $14.5 B CAD since inception. The Eastern U.S. team funded nearly $2 B since 2016 and more than $630 million in loans in 2021. For more information, visit www.trezcapital.com. (*Trez Corporate Group AUM includes assets held by all Trez-related entities as well as $2.7 B Manager AUM (Trez Capital Fund Management Limited Partnership)).   

Eight-story Kavista to offer 282 units in emerging El Portal neighborhood

MIAMI, FLORIDA– (March, 14, 2022)  Trez Capital, a private real estate lender helping to build better communities across North America, funded a $60 million construction loan for an eight-story apartment development set to rise in the Village of El Portal, an emerging area abutting Miami’s city limits.  The transaction closed March 10.  

The Kavista will feature 282 rental units on a two-acre site at 495 NE 83rd St. The project will offer a mix of one, - two,- and three-bedroom units, ground-floor workspaces and 351 parking spaces.  Amenities will include a pool deck, fitness center, media room and barbecue area. 

Trez Capital Managing Director, Ben Jacobson, originated the senior note on behalf of the borrower and developer, The Barrington Brothers, LLC. Jacobson is based in Trez Capital’s Florida office led by Executive Managing Director, Eastern U.S. Brett Forman.  

“This transaction is an opportunity to work with a development group that has an excellent reputation and track record building quality projects in Miami,” Jacobson said. “There is no doubt their newest project, The Kavista, will be a welcomed addition to the area and provide much-needed housing to accommodate an influx of new residents that are moving in every day.”

The Barrington Brothers, LLC is a family-owned and operated company that seeks opportunistic real estate investments throughout South Florida. Its portfolio of successful Miami projects includes the Corridor East, West and South apartment communities in the city’s Upper East Side neighborhood and a boutique rental building in Little Havana.

El Portal’s name is derived from the Spanish term for “the gate,” in homage of two wooden gates that previously stood as a village entrance. The village is an appealing enclave for residents who enjoys its privacy and beautiful wildlife. El Portal is a bird sanctuary and haven for Florida’s endangered manatees.

The JLL Capital Markets Debt Advisory Team represented the borrower. The team was led by Managing Director Melissa Rose and Director Michael DiCosimo. 

“Trez Capital provided a seamless execution on the construction financing for The Kavista,” Rose said. “We are grateful to be part of the team assisting the Barringtons in their continued pursuit to provide this thriving community with attainable luxury multifamily units.”

For Trez Capital, this recent deal represents another opportunity to fund a development in an emerging market outside of the city core.  In October 2021, Jacobson originated a $78 million construction loan for The Julia, a Neology Life project under construction in Miami’s Allapattah neighborhood.  In July 2021, Trez Capital funded a $64.7 million loan to build The Elevate, a 293-unit midrise apartment project in Dania Beach being developed by the Royal Palm Companies. 

“We always target opportunities in evolving secondary markets with significant potential,” Forman said. “The incredible growth in South Florida’s major cities is fueling demand for new housing in surrounding areas like El Portal.”

Trez Capital provides short-term debt and equity financing typically between six and 36 months in term, up to $100 million in loan value. In 2021, the company originated $3.9 billion in loan originations with $633 million sourced from the Eastern U.S. region that includes offices in Palm Beach, Florida and Atlanta, Georgia.