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 located in Riverside, California. The Property will feature 180 rental townhomes across three-story walk-up...