WESLEY CHAPEL, FLA., MCKINNEY and GEORGETOWN, TEXAS — JLL has arranged a $130 million refinancing loan through KeyBank National Association’s Institutional Real Estate Group for the Vireo build-to-rent portfolio. The three properties were developed by McCarthy Cos. and include Vireo Medical District, a 210-unit property at 2300 S. McDonald St. in McKinney that was completed in 2024 and has recently stabilized; Vireo Twelve Oaks, a 217-unit property at 201 Morningstar Blvd. in Georgetown that was delivered in 2025 and is currently in lease-up; and Vireo Wesley Chapel, a 181-unit project at 1219 Violetear Drive in Wesley Chapel that is nearing completion, which is slated for 2026. JLL’s team was led by Jim Curtin, Lauren Dow, Rex Cruz and Obi Eboh.
Vireo Medical District in McKinney, Texas, was among three properties refinanced with a $130 million loan arranged by JLL. It is located in McKinney’s medical district and features private fenced yards and attached garages.
JLL Arranges Refinancing for BTR Portfolio in Dallas, Austin and Tampa Markets
2