THE TROPIC – Targa | Real Estate Fund

THE TROPICadmin2025-06-10T17:18:11+00:00

The Tropic is a 223 unit complex under construction in the downtown Young Circle area of Hollywood, FL.

THE TROPIC AT A GLANCE

Project Financing

$45.5M Construction Loan
$7M in CRA, City & County Incentives
$30.6M in Equity

Development Team

Affiliated Development
MOSS Construction
MSA Architecture

Estimated Completion Date

December 2025

Location

303 S. Federal Highway, Hollywood, FL

Project Highlights

18-story apartment complex dedicating 50% of the units to workforce housing.

CONSTRUCTION UPDATES

The Tropic – October 2024

The Tropic – February 2025

The Tropic – May 2025

DISCLAIMER

THIS IS NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO PURCHASE ANY SECURITIES. THE PROJECTIONS CONTAINED IN THIS DOCUMENT CONSTITUTE FORWARD-LOOKING STATEMENTS. THESE PROJECTIONS MAY NOT REFLECT ACTUAL PERFORMANCE.
THE PROJECTIONS SET FORTH HEREIN, FINANCIAL OR OTHERWISE, SOLELY REFLECT THE MANAGER’S JUDGMENT AND EXPECTATIONS AND ARE SUBJECT TO A NUMBER OF RISKS AND UNCERTAINTIES INCLUDING THOSE SET FORTH IN THE PRIVATE PLACEMENT MEMORANDUM OF TARGA 1, LLC DATED SEPTEMBER 2020, MANY OF WHICH COULD CAUSE THE ACTUAL FINANCIAL RESULTS TO BE MATERIALLY LESS THAN THE AMOUNT PROJECTED. TARGA 1, LLC MAKES NO GUARANTY OR PROMISE OF PERFORMANCE, AND ALL RISKS OR UNCERTAINTIES ARE EXPRESSLY ACKNOWLEDGED AND ASSUMED BY ANY INVESTOR.