TRICERA CAPITAL REFINANCES RETAIL PROPERTY AT THE BOTTOM OF CAMDEN CENTRAL WITH AMERIS BANK IN $9.925 MILLION TRANSACTION. JLL facilitated the debt transaction.

Miami, FL — September 30, 2025 — Tricera Capital, a Miami-based real estate investment firm, has successfully refinanced the retail component at the Camden Central apartment building with a $9,925,000 loan from Ameris Bank. The transaction closed on September 19, 2025.

Tricera originally acquired approximately 35,000 square feet of ground-floor retail space at Camden Central in downtown St. Petersburg in 2021 for $11.1 million. The retail component is part of a larger 368-unit mixed-use development and includes the historic Union Trust Bank building. The new financing provides ownership with enhanced flexibility to stabilize and strategically position the property as a preferred urban retail destination in the St. Pete market.

Leadership Commentary
“This refinancing underscores our continued commitment to downtown St. Petersburg, and showcases our steadfast approach to asset management.” said Ben Mandell, CEO.

About Tricera Capital
Tricera Capital is a vertically integrated real estate investment firm headquartered in Miami, Florida. Since its founding in 2017, the company has acquired more than 30 retail and mixed-use properties across Florida and beyond. Tricera specializes in repositioning underutilized urban assets, bringing fresh retail concepts and value-add strategies to high-growth markets.

About Ameris Bank
Ameris Bank is a regional financial institution providing commercial and mortgage lending across multiple southeastern states. Its offerings span acquisition, refinance, construction, and permanent financing products, with an emphasis on supporting growth-oriented real estate owners and developers.”