Lender Group Provides $74.7M Loan for Riverside Townhome Community
Canyon Partners Real Estate has jointly provided a $74.7 million senior construction loan with J.P. Morgan to BCT Development, a joint venture between Bain Capital Real Estate and Cherry Tree Development, for the ground-up development of a Class-A rental townhome community…
Canyon Partners Real Estate has jointly provided a $74.7 million senior construction loan with J.P. Morgan to BCT Development, a joint venture between Bain Capital Real Estate and Cherry Tree Development, for the ground-up development of a Class-A rental townhome community…
BELLINGS Intelligence Score: 10
Why it matters
This $74.7 million construction loan for a townhome community is routine commercial real estate financing activity with limited broader market impact or novelty.
Sources
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Lender Group Provides $74.7M Loan for Riverside Townhome Community
Canyon Partners Real Estate has jointly provided a $74.7 million senior construction loan with J.P. Morgan to BCT Development, a joint venture between Bain Capital Real Estate and Cherry Tree Development, for the ground-up development of a Class-A rental townhome community…