Centennial Holding Company Buys 330-Unit The Juliette in Wildwood, Florida, in JLL-Brokered Deal With Freddie Mac Loan

ORLANDO, Nov. 9, 2026 – JLL Capital Markets has completed the sale of The Juliette, a 330-unit multifamily community in Wildwood, Florida, and arranged acquisition financing for the buyer, Centennial Holding Company, LLC, the firm announced. The property sits adjacent to The Villages, a master-planned community the firm describes as the nation's largest and fastest-growing.

JLL represented the seller and procured the buyer. It also arranged a seven-year acquisition loan through Freddie Mac on behalf of Centennial Holding Company.

JLL Teams Behind the Juliette Sale and Financing

JLL's Capital Markets Investment Sales and Advisory team, which represented the seller, was led by Managing Directors Cliff Taylor and Joe Ayers and Directors Kyle Butler and Ted Taylor. JLL's Debt Advisory team, which represented the buyer and borrower, was led by Senior Managing Director Melissa Quinn and Executive Managing Director Matt Kafka.

JLL said it drew on both its Orlando and Jacksonville teams to deliver the investment sales and financing.

"This transaction exemplifies the strength of strategic execution in challenging capital markets," said Taylor. "Despite a period of rising treasury rates creating headwinds throughout the debt markets, our integrated approach, leveraging both our Orlando and Jacksonville teams, enabled us to deliver comprehensive investment sales and financing solutions for our client."

Quinn said the team structured financing "that accommodated our client's investment objectives while navigating significant treasury rate fluctuations," and cited the property's newly delivered product, differentiated unit mix, supply-constrained submarket and employment base in securing competitive terms.

Property Details: A 2024-Built Community in Wildwood

The Juliette is located at 6629 Dan DiColla Drive in Wildwood. Completed in 2024, the Class A community comprises 14 buildings on a 21.76-acre site and was 96% leased at the time of the sale.

The unit mix includes 288 traditional apartment homes, with one- and two-bedroom floor plans, and 42 for-rent townhomes with two and three bedrooms. Units average 971 square feet. Finishes include granite countertops, stainless-steel appliances, custom cabinetry, farmhouse basin sinks, subway tile kitchen backsplashes, vinyl plank flooring, full-size washers and dryers and smart home technology. The townhomes add direct-access garages, a ground-floor half bath and black stainless-steel appliances.

Community amenities include a pool, fitness center, outdoor pavilion with cabana, lakeside nature trail with direct access to Millennium Park, an outdoor game area, a dog park, a community garden, a business center with flexible office space, golf cart parking and an outdoor kitchen with grills.

Wildwood and The Villages Market Drivers

JLL said Wildwood has recorded 157.5% population growth over five years and cited rankings from U.S. News & World Report (2025) and MoneyLion (2026) that place it as the fastest-growing city in the United States. The Juliette is positioned adjacent to The Villages, which spans 57 square miles and has development plans extending through the 2030s.

The property is within five minutes of Brownwood Paddock Square, one of The Villages' town center destinations, which features more than 400,000 square feet of retail space, 16 restaurants and 47 retail shops and services. It is less than 10 minutes from Trailwinds Village, a 165-acre mixed-use development anchored by Target, Lowe's, Aldi and Publix, along with an HCA Florida 24/7 emergency room.

Ayers said The Villages' age-restricted communities dominate the local housing stock, while healthcare workers, retail employees, hospitality staff, construction crews, teachers and service professionals supporting the roughly 150,000-person retirement community need rental housing that the market undersupplies. He said The Juliette's unrestricted product, along with townhome options, "creates multiple demand layers that drive exceptional occupancy, retention and long-term value appreciation."

JLL also noted that homeownership costs in the market are 97% higher than renting.

Centennial Holding Company Expands in the Southeast

Centennial Holding Company is a privately held real estate investment firm that owns and operates Class A multifamily properties in the Southeast. JLL characterized the acquisition as the firm's strategic entry into one of Florida's highest-growth submarkets.

Agency Financing in a Price-Sensitive Multifamily Market

The seven-year Freddie Mac loan arrives as agency debt remains a key source of liquidity for stabilized multifamily assets amid higher Treasury yields and elevated borrowing costs. Freddie Mac reported that national multifamily vacancy fell 60 basis points to 4.5% in the second quarter of 2026, and that demand in the first half of the year totaled roughly 279,000 units.

Pricing remains pressured, however. Freddie Mac reported that national multifamily cap rates rose 22 basis points to 5.8% in the second quarter, while property prices declined 1.2% quarter over quarter and 1.7% year over year. The agency also said third-quarter 2026 multifamily new business totaled $16 billion, down from $25 billion a year earlier, primarily because of higher mortgage interest rates.

Against that backdrop, the completion of a seven-year agency-financed acquisition of a 2024-delivered, 96%-leased community points to continued lender appetite for recently built multifamily properties with strong leasing.

Sources

JLL newsroom: https://www.jll.com/en-us/newsroom/sale-and-financing-secured-for-the-juliette-in-wildwood