Canyon Partners Real Estate Provides $48M Senior Loan to Refinance Class-A Multifamily Property in Greenville

Robin Potts, Chief Investment Officer of Canyon Partners Real Estate

“NorthPointe stood out to us as an opportunity to lend against a high-quality asset that has performed well against a challenging supply backdrop.”

Robin Potts, Chief Investment Officer of Canyon Partners Real Estate

“At Canyon, we remain focused on situations where strong sponsorship, durable property-level fundamentals, and an attractive basis come together to create compelling downside protection.”

Robin Potts, Chief Investment Officer of Canyon Partners Real Estate

“NorthPointe checks each of those boxes and reinforces our conviction in multifamily assets within growing markets.”

Seth Greenberg, Chief Executive Officer of ECI Group

“Canyon has been a valued partner to ECI over the years, and we are pleased to work together again on the refinancing of NorthPointe.”

Seth Greenberg, Chief Executive Officer of ECI Group

“The firm's flexible approach and understanding of our business make it a natural partner as we and our local Greenville joint venture partner, CRH, continue to execute our long-term plan for the property.”

Justin Nelson, Senior Managing Director of Capital Markets Real Estate Finance at Walker & Dunlop

“NorthPointe is a high-quality multifamily asset in one of the Southeast's most dynamic markets.”

Justin Nelson, Senior Managing Director of Capital Markets Real Estate Finance at Walker & Dunlop

“The property's strong fundamentals, desirable location, and proximity to downtown Greenville made it an attractive financing opportunity.”

Justin Nelson, Senior Managing Director of Capital Markets Real Estate Finance at Walker & Dunlop

“We were pleased to work alongside ECI Group, Central Realty Holdings, and Canyon Partners to structure a financing solution that supports a long-term vision for the property.”