Entries by Jeremiah Peapealalo

Market Dislocation May Uncover Silver Lining For Commercial Real Estate Lending

The global economy, commercial real estate included, has forced some lenders and investors to sit on the sidelines. Changing interest rates, inflation and recent shifts have resulted in investors losing deals and having to push the pause button. The volatility has slowed down activity and market rates have moved quickly. Some experts believe interest rates […]

David Stull – ConnectCRE NEXT Generation Awards

David Stull joined Tower Capital in May 2021 as an Associate, Debt, Equity & Structured Finance. He serves as a capital intermediary, structuring various types of debt and equity financings on behalf of private and institutional borrowers across all asset types nationwide. He quickly emerged as a rising CRE finance leader at the firm in […]

Vin Basa Promotion

Scottsdale, Arizona-based commercial real estate finance company Tower Capital has promoted Vin Basa to senior vice president. Basa will continue to focus on loan originations as well as debt and equity placements across the multifamily, single-family, hospitality and build-to-rent residential markets. Read Full Article

Tower Capital Lines Up Financing on Phoenix Build-to-Rent – Connect CRE

Tower Capital arranged more than $20 million in non-recourse construction financing for Proximity 7th, a build-to-rent (BTR) multifamily community being developed by Avenue North real estate investments in Phoenix. The seven-acre property is located at 801 E. Euclid Ave. and will house an 84-unit BTR development that’s expected to deliver the first units in 2023’s first quarter. […]

Tower Capital Arranges $27.8 Million Construction Financing for Texas BTR – Connect CRE

Tower Capital arranged $27.8 million in non-recourse construction financing for a build-to-rent multifamily community in McKinney, TX. The 13.2-acre property, which was purchased by Hanson Capital in 2019, is located at 2703 Rockhill Road and will house a 128-unit development that is expected to deliver in Q1 2023. The financing arranged by Tower Capital allows […]

31 Arizona companies make Inc. 5000 Regionals Southwest list

More than 30 Arizona companies were named to the third annual Inc. 5000 Regionals Southwest list, a ranking of the fastest-growing private companies based in Arizona, New Mexico, Oklahoma and Texas. Born of the annual Inc. 5000 franchise from Inc. magazine, the Inc. 5000 Regionals list represents a unique look at the most successful companies within the Southwest economy’s independent small businesses. “This year’s […]