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River North Snags Loan for LaGrange BTR Community
Summary by Connect CRE
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River North Snags Loan for LaGrange BTR Community
River North Real Estate Partners obtained a $33.5 million construction loan to build a 152-unit build-to-rent community in LaGrange. JLL Capital Markets secured the three-year, floating-rate loan. Canopy Crest, located at Young’s Mill Road at Hammett Road in LaGrange, sits 2 miles from downtown LaGrange. The 44-acre property is adjacent to the Georgia International Business Park, one of the largest in the nation. Canopy Crest represents Phase I …
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