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Canyon Partners and The NRP Group Form Joint Venture for 392-Unit Abernethy Lofts Transit-Oriented Development in Charlotte

CHARLOTTE, NC - Canyon Partners Real Estate and The NRP Group announced a joint venture for the development of the Abernethy Lofts, a 392-unit, Class A multifamily community in the NODA submarket of Charlotte, North Carolina. Canyon provided $35.9 million of LP equity for the development, which is in a qualified opportunity zone. Construction of the community will begin immediately and is expected to be completed in Q2 2026.
Located walking distance to the Sugar Creek LYNK Blue Line Rail. ....

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The NRP Group, Canyon Partners, CIBC Bank USA Break Ground on 310-Unit South Tryon Apartment Community in Charlotte

CHARLOTTE, NC - The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, in collaboration with Canyon Partners Real Estate (Canyon) and CIBC Bank USA, has officially broken ground on South Tryon, a market-rate community that will bring 310 apartments to Charlotte’s rapidly growing South End.
Canyon has provided a preferred equity investment to support the development of 3310 S. Tryon Street in conjunction with a senior construction. ....

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The NRP Group, Canyon Partners, CIBC Bank USA Break Ground on South Tryon, a Multifamily Apartment Community in Charlotte, N.C.

The NRP Group, Canyon Partners, CIBC Bank USA Break Ground on South Tryon, a Multifamily Apartment Community in Charlotte, N.C.
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