Tower Capital arranged $79.5 million to refinance an existing loan for the Village at Bronco Trail, a 354-unit BTR community at 29th Ave. and Sonoran Desert Dr. in the Phoenix market. The sponsor, Empire Group, commenced construction on the project in 2023 and will deliver units later this year. Tower Capital’s Kyle McDonough, George Maravilla, David Stull, and Noah Schott originated the non-recourse construction financing via a debt fund.