Those new to the Valley of the Sun or those already doing business in residential real estate construction or home sales looking for a quick tutorial on some of the top movers and shakers in the region can get good primer with this well-known group of industry professionals.
The first transaction is a $12-million acquisition and rehab loan for a four story, 158-key, interior corridor Best Western hotel in Tempe that will be repurposed into a 113-unit, Class B multifamily community. The second transaction is a $9.3-million acquisition and rehab loan for a four-story, 188-key, mid-scale, select-service Quality Inn Phoenix Airport hotel that will be repurposed into a 97-unit, Class B multifamily community.
