Entries by admintower

Here’s why Arizona remains an attractive market for investors

Development doesn’t happen without funding. New projects are built with investment capital, and that capital has been flowing freely into Arizona for projects that span the market spectrum.  But will the capital keep flowing into the market, and if so, where will it be focused? AZRE Magazine posed these questions to investment capital experts Rodney Riley, […]

Tower Capital Closes $60.5 Million Loan for Liv Goodyear

Tower Capital, Phoenix-based commercial real estate finance firm, has closed a $60.5 million acquisition loan for Liv Goodyear, a brand-new, Class A, multifamily apartment community. Located at the southeast corner of West Virginia Avenue and 153rd Drive in one of the fastest-growing cities in Arizona, Liv Goodyear is a 326-unit institutional-quality apartment community offering cutting-edge amenities and meticulously […]

Tower Capital Secures a $60M Loan for Liv Goodyear

The funds were used to acquire a brand-new, class-A, multifamily apartment community. class-A, multifamily apartment community. The deal at Liv Goodyear contributes to a record-breaking quarter for the company, which is on track to close $250 million during the final months of 2019. The company also broke its annual record, closing on more than $400 […]

Tower Capital Sees Surge In Loan Volume

The firm closed a record-breaking $70 million in the last 30 days, and is also on track to break an annual record. Phoenix-based Tower Capital is seeing a surge in loan activity. The company has closed a record-breaking $70 million in deals in the last 30 days, and is on track to break an annual record as […]

Multifamily Development Financing: Lenders Jockey for Position

The players in the multifamily development financing space are mostly the same, but how their pros and cons work out in practice continues to change. As the sources of multifamily development financing—debt and equity—jostle for business, their strategies and products continue to evolve. These shifts have allowed debt funds to become more prominent capital sources […]

America’s Commercial Real Estate Podcast

Adam Kinkel offers great insight on the “Commercial Real Estate Financing” show. Finance can be a barometer for future activity in real estate, and lower interest rates and a prolonged cycle are generating interest in the debt market. Michael and his guests discuss the impact of lowered rates, lender sentiment, and tips for commercial real […]