Tower Capita l's Phoenix-based build-to-rent finance team was founded in 2015 and is led
by co-founder and principal Kyle McDonough and partner George Maravilla. Tower Capital is
one of the most active structured finance firms in the commercial real estate sector
arranging capital for BTR single-family-style projects with more than $1.5 billion in BTR
construction financing and joint-venture equity encompassing more than 7,000 units
across nearly 40 communities nationally. Tower Capital 's BTR finance team advised on
more than $414 million in BTR construction financing in 2023, making it a go-to
structured finance advisor for lenders and developers. Recent BTR transactions Tower
Capital has arranged include a $72.9 million financing for the Village at Golden Triangle, a
317-unit BTR community in Fort Worth, TX; the $62.4 million non-recourse construction
financing for the development of the Village at Hutto Station, a 276-unit BTR community
north of Austin, TX; $88.5 million in construction financing for Village at Bronco Trail, a
354-unit development by Scottsdale-based Empire Group; and $120.5 million in financing
for two BTR communities in the Phoenix market.
