Finance - Phoenix
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Fenway Capital, Iron Point Buy $25M Phoenix Office Property
The new owners are set to invest more than $7 million in capital and tenant improvements. CBRE's Capital Markets secured an acquisition loan through CapitalSource.
08 October 2018 12:25 -
George Smith Partners Assembles $106M for Spec Project in Phoenix
The 250,000-square-foot Class A office tower, along with 44,000 square feet of lifestyle retail, is part of The Watermark Tempe, a mixed-use project that Fenix Development is undertaking in Tempe, Ariz.
01 October 2018 12:38 -
HALL Structured Finance Arranges Loan for AZ Hotel Redevelopment
The owner is set to transform the 32-key CopperWynd Resort into a 177-key luxury hotel that will operate under the Marriott Autograph Collection flag.
14 September 2018 10:57 -
Westwood Financial Acquires AZ, GA Retail Centers
In a deal totaling $66.2 million, the company bought Boardwalk at Andersen Springs in Chandler, Ariz., and Decatur Crossing in Decatur, Ga. HFF arranged the financing for both purchases.
22 May 2018 12:17 -
Scottsdale Plaza Resort in AZ Receives $64M Refinancing
The property’s owners will use the proceeds to retire an existing $57.2 million CMBS loan from JPMorgan Chase, which they secured in 2006.
04 May 2018 17:25 -
Hunt Mortgage Group Names New VP
With more than 15 years of industry experience, Anthony Valenzuela—specializing in Fannie Mae and Freddie Mac loans—will work from the firm’s Phoenix office.
10 April 2018 13:28 -
HFF Closes $28M Loan for Phoenix Apartments
Built in 1998, San Palmas at Mission Park features more than 200,000 rentable square feet. Continental Realty Advisors bought the property for $43 million.
21 March 2018 09:53 -
IAC Acquires Phoenix Industrial Asset
A Kidder Matthews team led by Mike Ciosek, Eric Bell and Dylan Scott negotiated the deal for the 50,000-square-foot building.
07 March 2018 17:23 -
INCA Acquires Arizona Lending Firm, Appoints VP
In his new role at INCA, Phil Sollomi, the principal & founder of Scottsdale Private Lending, will oversee loan origination and underwriting.
12 February 2018 18:20 -
Office-Industrial AZ Portfolio Lands $86M
Working on behalf of Globe Corp., Walker & Dunlop structured three long-term, fixed-rate loans for four properties in Phoenix, Scottsdale and Tempe, Ariz.
18 December 2017 16:22 -
Scottsdale Office Complex Trades for $53M
Equus and iStar have acquired the asset with a $42.6 million loan provided by Mesa West Capital. The office building marks the joint venture’s second acquisition in Scottsdale.
23 October 2017 15:52 -
Phoenix Ritz-Carlton Hotel and Residences Lands $282M
HFF arranged a $210 million senior land and construction loan with Bank of the Ozarks, as well as $72 million in mezzanine financing with Starwood Property Trust Inc.
12 October 2017 12:50 -
Small Balance Loan Breakdown with Hunt Mortgage’s Matthew Frank
The vice president of Hunt Mortgage’s Small Balance Loan Group explains how the Freddie Mac program can meet and adapt to the various needs of the borrower despite the tight lending environment.
26 July 2017 17:00 -
Downtown Phoenix Office Building Lands $51M Financing
HFF secured the three-year, floating-rate loan for U.S. Bank Center, a 360,000-square-foot high-rise building. Completed in 1976 and renovated in 2013, the property is 63 percent occupied.
04 July 2017 16:37 -
Hunt Mortgage Expands to Phoenix, Hires New VP
Matthew Frank was named vice president of the company's Small Balance Loan Group, where he will be responsible for sourcing and closing Freddie Mac small balance loans.
17 May 2017 14:41