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.

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, […]

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 […]

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 […]

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 […]