Tower Capital Delivers $20M for Mesa Home2 Suites Development
Phoenix-based Tower Capital advised on more than $20.1 million in financing for the ground-up development of a 111-key Home2 Suites by Hilton hotel in Mesa.
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Phoenix-based Tower Capital advised on more than $20.1 million in financing for the ground-up development of a 111-key Home2 Suites by Hilton hotel in Mesa.
A suburban Chicago investment shop is doubling down in the suburban Phoenix rental market.
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, 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 […]
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 […]
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 […]
Phoenix, Arizona – It was a stellar month for Tower Capital Organization, an independent structured finance firm based in Phoenix. In the last 30 days alone, the company closed nearly $70 million in loan volume across eight properties in the Southwest. Tower Capital closed loans across eight properties in Arizona and California. The largest deal last […]
Adam Finkel named in AZ Big Media Magazine as one of the “People to Know in Commercial Real Estate” This year’s edition of the People & Projects to Know in Commercial Real Estate paints a very clear picture of a market that is becoming more diversified and a market that has a deep pool of […]
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 […]
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 […]
Tower Capital
15333 N. Pima Road, Suite 375
Scottsdale, Arizona 85260
Phone: (480) 426-0560
Fax: (480) 436-5630
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AZ CMB-0928926