JLL Arranges $111M Construction Loan for HA Emprendimientos' Sense22 Multifamily Tower in Miami's Edgewater
JLL has arranged a $111 million construction loan for Sense22, a 36-story, 328-unit multifamily development planned for Miami's Edgewater neighborhood, the firm announced July 9, 2026.
JLL represented the borrower, HA Emprendimientos, in securing the three-year loan through S3 Capital. The financing follows JLL's earlier work with the sponsor on a land and predevelopment loan for the same site in 2025.
Project Details: Scale and Amenities
Sense22 is located in Miami's Edgewater neighborhood and will rise 36 stories, encompassing 262,000 net rentable square feet. The building will contain a mix of studios, one-bedroom, and two-bedroom units, along with 372 parking spaces.
The project's amenity program includes a resort-style pool deck, a furnished rooftop terrace with outdoor grilling areas, a spa, a fitness center, and co-working spaces. According to JLL, the rooftop terrace offers views of Biscayne Bay and the Miami skyline. Sense22 is slated for completion in 2028.
Sponsor Background: HA Emprendimientos
HA Emprendimientos is a vertically integrated real estate development firm with more than 16 years of experience across residential and mixed-use projects in Argentina, Uruguay, and the United States. The firm has developed more than 1,000 residential units and over 1.2 million square feet to date.
Sense22 represents HA Emprendimientos' largest project in the United States. The developer previously completed Sense28, an eight-story, 53-unit multifamily rental project also located in Edgewater.
"We identified Edgewater as a neighbourhood with tremendous growth potential and proven financial performance," said Ignacio Aldazabal, CEO of HA Emprendimientos. "That's the combination that keeps bringing us back to invest here."
According to the firm's announcement, HA Emprendimientos is also preparing to acquire additional development sites in Edgewater to continue expanding its Miami operations.
JLL's Role and Capital Markets Team
JLL Capital Markets' Debt Advisory team representing the borrower was led by Managing Director Max La Cava and Director Pier Barinci.
"We are honoured to have partnered with HA Emprendimientos to successfully arrange and structure the financing for Sense22 — which represents the group's largest project in the United States to date," said La Cava. "Seeing the project take shape is a fulfilment of the developers' vision for the future of Miami's quickly evolving skyline. Sense22 is setting a new standard for urban living and cementing Edgewater as one of Miami's top residential neighbourhoods."
Edgewater and Miami Market Context
Edgewater is situated between Downtown Miami, Wynwood, and the Miami Design District, and has emerged as a residential corridor attracting residents seeking urban connectivity and waterfront proximity.
Miami more broadly continues to rank among the nation's fastest-growing metropolitan areas, characterized by strong population growth, a diverse economy, and sustained demand for luxury housing.
JLL Capital Markets operates as a full-service global provider of capital solutions for real estate investors and occupiers, with more than 3,000 specialists in offices across nearly 50 countries.