Material Capital Partners (MCP) announced it has closed the project financing for River Ford, a 170-unit rental home community in Brunswick, Ga.
River Ford is located on 28 acres at Canal Road, approximately 15 minutes from downtown Brunswick and St. Simons Island. The new development will consist of 170 detached single-family homes and a host of amenities, including a clubhouse with fitness center, co-working space and a resort-style pool; two large central lakes with a fishing dock; large bark park; playgrounds; extensive trail system; and a network of pocket parks and green spaces. Site work started earlier in the year and vertical construction is expected to begin in February 2025.
Brunswick is home to the Port of Brunswick, the nation’s second-busiest port for automobiles and heavy machinery. Following continued record growth, the Georgia Ports Authority is fast-tracking more than $500 million in expansion projects at the port, which will triple its capacity to
