BHI Lends $50M on SoCal Inland Empire Master-Planned Project

DO Capital Group has sealed $50 million of construction financing to develop a mixed-use master-planned community in Jurupa Valley, Calif., Commercial Observer has learned.

BHI supplied the loan for the developer’s 239.2-acre The District at Jurupa Valley project in Southern California’s Inland Empire that will feature residential, retail, hospitality and logistics elements, as well as a business park and public parkland. Developers broke ground on the project June 4.

“We specialize in structuring financing for complex, large-scale commercial real estate projects, and The District at Jurupa Valley exemplifies the kind of project we’re equipped to support,” Brian Jurczak, first vice president, commercial real estate lending at BHI, said in a statement. 

Located 50 miles east of Downtown Los Angeles, The District at Jurupa Valley development will consist of nearly 1,200 housing units, a shopping center with restaurants, and a 122-room Woodspring Suites hotel, The Press Enterprise previously reported. Bridge Logistics Properties also acquired more than 68 acres of the site for an industrial facility.  

Matthew Dugally, co-founding principal at DO Capital Group, said in a statement that the loan from BHI “has helped lay the foundation for a destination that will create new opportunities for residents, businesses, and the broader Jurupa Valley community for years to come.”

Andrew Coen can be reached at acoen@commercialobserver.com.