SCOTTSDALE, AZ, February 15, 2024 – Tower Capital, a leading capital advisor in CRE financing, is expanding its team with the addition of Geoffrey Harris, a veteran of commercial real estate finance. The growth allows the Scottsdale, AZ-based firm to continue efficiently arranging financing for clients in markets across the country that are experiencing high […]
FORT WORTH, TEXAS — Empire Group of Cos. has secured a $72.8 million loan to develop Village at Golden Triangle, a build-to-rent development roughly 14 miles north of downtown Fort Worth. Tower Capital arranged the financing. BBL Building Co. is the general contractor. The developer has broken ground on the community, which is slated for […]
Helping You Navigate Today’s Commercial Real Estate Financing Environment Las Vegas, NV – Members of our team recently attended the 2023 Western States CREF conference. It was a major success as we gained valuable insight into the current state of the Commercial Real Estate market and further fostered relationships with our lending and capital partners. […]
I recently attended a captivating real estate summit at the picturesque Arrabelle Resort in Vail, Colorado, hosted by the Leadership Cabinet of the Jewish Federation of North America. The summit was an amalgamation of insights, ideas, and a wide range of sentiments about the ever-evolving real estate landscape. I’m excited to share some key takeaways […]
Midway through the year, financial experts are still trying to understand how the U.S. banking crisis that unfolded quickly in the first few months of 2023 will play out in capital markets. Until the uncertainty clears, commercial real estate sponsors and borrowers must be patient as the pieces are reassembled in the capital markets and […]
Commercial real estate faces difficult times as the banking crisis wears on By Adam S. Finkel The U.S. bank crisis that unfolded quickly in the first few months of this year revealed several troubling themes and situations for both depositors and bankers. The concerns caused by these events impacted the national economy, capital markets and […]
Tower Capital arranged $120.5 million in financing for two build-to-rent communities in the Phoenix market. The lease-up bridge and construction financing is for the newly developed Village at Pioneer Park, a 332-unit project, and Village at Skyline Ranch, a 167-unit project. Tower Capital’s Kyle McDonough and George Maravilla arranged the financing. Read Article
Scottsdale, AZ-based Empire Group has secured $120.5 mil in financing for two Build-to-Rent (BTR) communities in the Phoenix market. The lease-up bridge and construction financing is for the newly developed Village at Pioneer Park, a 332-unit project, and Village at Skyline Ranch, a 167-unit project. The financing for the two deals was arranged by Tower […]
Opinion: Why should Arizonans be confident we’ll overcome our water challenges? Because we have regulatory measures that produced years of positive results. Arizona has significant water challenges, but it is not on the brink of running out of water, as some media reports may suggest. While the challenges must be addressed, there are market solutions […]
