JLL secures $47 million construction loan for The United Group’s 164-unit The Arbella at Blue Hills

Bloomfield, CT JLL Capital Markets has arranged a $47 million construction loan for The Arbella at Blue Hills, a 164-unit, active adult (55+) community to be developed.

JLL worked on behalf of the developer, The United Group of Companies, Inc. (United Group) to secure the construction loan through Liberty Bank of Middletown.

The JLL Capital Markets Debt Advisory team representing the borrower was led by managing director Henry Schaffer and director Madeline Joyce.

Anticipated for delivery in 2027, The Arbella at Blue Hills will consist of nine residential buildings offering one-, two-, two-bedroom plus den and townhome units, including 19 affordable units. Units will feature open floor plans, nine-foot ceilings, stainless steel appliances, granite countertops, walk-in closets, double-sink vanities, full-size washer/dryers and large balconies. In addition to the residential buildings, The Arbella at Blue Hills has a 12,000 s/f on-site clubhouse that offers a fitness center, yoga studio, wellness spa and salon, indoor pool, bistro and great room with kitchen, multimedia theater, patio with fire pit, outdoor kitchen, pickleball courts, community gardens, dog park and a full swing golf simulator. In addition, the property will also offer residents a shuttle bus, under-building secure parking and The United Group’s lifestyle program, The SUNprogram, for residents to enjoy.

The 10.3-acre site is located at 885 Blue Hills Ave., five miles north of downtown Hartford, an area with over 205,000 people within a five-mile radius of the property. This area has an average household income of nearly $100,000. Within this same five-mile radius the 55+ population totals 46,000+. 

“The programming of this community as 55+ residential sets up well for the demographics and demand drivers in Bloomfield,” said Schaffer. “United Group is the premier developer/operator of active adult communities up and down the East Coast and will bring a differentiated lifestyle product to renters in the greater Hartford market.”

“This is an exciting milestone for both the United Group and the Bloomfield community,” said Michael Uccellini, president and CEO of United Group. “Our vision is to deliver a new type of senior living experience to the Bloomfield area. With The Arbella at Blue Hills, we will deliver an unparalleled living experience for all future residents. One that is rooted in the needs of today’s 55+ adults and will create community, friendships and memories that will last a lifetime.”