$33.5M construction financing secured for new Build-to-Rent community in LaGrange

ATLANTA, Jan. 14, 2026 –  JLL Capital Markets announced today that it has secured a $33.5 million construction loan for Canopy Crest Phase I, a 152-unit Build-to-Rent development project in LaGrange, Georgia.

JLL represented the borrower, River North Real Estate Partners, in securing the three-year, floating-rate loan.

Canopy Crest, located at Young's Mill Road at Hammett Road in LaGrange, sits just 2.2 miles from downtown LaGrange and offers proximity to Interstate 85 and Interstate 185, providing connectivity to Atlanta, Montgomery and Columbus. The 44-acre property is adjacent to the Georgia International Business Park, the fourth largest business park in the nation, and approximately 45 minutes from Hartsfield Jackson International Airport.

LaGrange continues to experience significant job growth along the I-85 corridor, dubbed "The Growth Corridor of the South." The area is experiencing very strong job growth, driven by developments including the imminent completion of the Georgia Ports Authority Inland Port and recent completion of the Remington Corporate Headquarters.

Canopy Crest represents Phase I of the overall development, featuring 188,715 square feet of rentable space across duplexes, detached homes and "barndominium" ranch-style housing averaging 1,242 square feet. The community will offer best-in-class amenities including a fitness center, pool, walking trails, dog parks, picnic areas and fire pits. All homes will feature granite countertops, vinyl plank flooring, stainless steel appliances, smart locks and thermostats and fenced backyards.

JLL Capital Market’s Debt Advisory team representing the borrower was led by Managing Director John Davis, Director Hunter Goldberg and Associate Hamp Gibbs.

"The successful arrangement of construction financing for Canopy Crest reflects the strong fundamentals of the LaGrange market and the growing demand for Build-to-Rent housing," said Davis. "This project's strategic location and comprehensive amenity package position it well to serve the area's expanding workforce."

River North Real Estate Partners, headquartered in Atlanta with over 100 years of combined real estate experience, plans to begin construction with completion expected in 2027. The development is located within a Qualified Opportunity Zone, potentially offering investors preferential tax treatment.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

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For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.