In 2025, JDI Realty partnered with Edgewood to fund a first mortgage bridge loan secured by Champions Run, a 64.86-acre RV park located at 2985 NW 44th Ave in Ocala, Florida, near the bustling intersection of I-75 and Route 40 in Central Florida. Developed by the borrower between 2021 and 2022, this expansive park offers a prime retreat in a region known for its accessibility and appeal to RV enthusiasts. The property, recently valued well above its original development cost, reflects strong market interest, having been part of a larger sale that fell through earlier this year. JDI and Edgewood’s loan refinances existing construction debt, providing a bridge until the borrower—actively marketing the park with another asset—completes a sale expected to close in early 2025. Positioned in a thriving area, Champions Run benefits from its strategic location and the borrower’s plan to capitalize on its robust demand.
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