Material Capital gets financing from Bluerock, Stanton for 170-unit, River Ford, a Georgia BTR Project

  • 12/13/2024

|

MHN
• Tag:
• Additional Filters-Subcategory: ,
• Company:

Material Capital Partners has closed on the financing of River Ford, a 170-unit, build-to-rent development in Brunswick, Ga. Builders Capital issued a $38 million construction loan with a maturity date set in November 2026 and two extension options, according to Glynn County public records. Bluerock and Stanton Road Capital provided additional funds. Construction on the project will kick off in February 2025. Winchester Commercial Group will serve as general contractor.

Stanton Road Capital (SRC)
Timothy T. Ronan, Jr. | Founder/Managing Partner-Real Estate Investments
Bluerock
Rick Murphy | VP, Acquisitions/Investments
Material Capital Partners
Alex Chalmers | Founder/Managing Partner

Additional Filters

Subcategory
Tags