United States, Aug. 19 -- JLL Capital Markets announced that it has secured a $28.54 million construction financing for The Lofts, a 104-unit, Class-A multifamily development located in downtown Santa Maria, California.Heritage Walk Lofts is a key component of Phase I in the Santa Maria Town Center Redevelopment, a master-planned expansion initiated by the City of Santa Maria to revitalize the downtown core. The project will feature loft-style apartments in two stories of double-height space with a contemporary architectural design. The building will be converted to a courtyard format with double-loaded corridors for apartments ranging from 600 to 1,200 square feet.Located at 201 Town Center East, the development sits in a designated opport...