AZRE 2023 Top 100 Companies

93. Tower Capital

Source Article

Latest News

2023 Western States CMBA CREF Conference September 12, 2023 - 9:37 pm
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. […]
Insights from Vail: A 2023 View from the Top (8,150 ft) September 12, 2023 - 9:36 pm
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 […]
CRE Financing Patiently Awaits, Should the Music Stop – WMRE 2023 Midyear OutlookAugust 2, 2023 - 2:14 pm
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 […]
Patience is a VirtueJuly 10, 2023 - 11:06 pm
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 […]
RNR Real Estate BriefsJune 26, 2023 - 4:37 pm
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
Empire Group Obtains $120 Mil in Financing on Two AZ Build-to-Rent ProjectsJune 26, 2023 - 4:08 pm
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 […]
Ignore the headlines. Arizona’s water future is a lot brighter than they suggestJune 13, 2023 - 7:47 pm
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 […]
Empire Group Secures $120.5 Million in Financing for Two BTR Communities Near PhoenixJune 13, 2023 - 3:51 pm
PEORIA AND GLENDALE, ARIZ. — Empire Group has secured $120.5 million in financing for two build-to-rent (BTR) communities in the Phoenix metropolitan area. Kyle McDonough and George Maravilla of Tower Capital arranged the financing on both deals. The Scottsdale, Arizona-based developer received a $78.5 million bridge loan to refinance Village at Pioneer Park, a 332-unit BTR […]
Tower Capital surpasses $1B financing for build-to-rent sector as Valley project pipeline increasesJune 8, 2023 - 10:53 pm
Build-to-rent communities, a concept born in Arizona, are pushing further across the country and developers have found a friend in Tower Capital, which helps them secure financing to build their projects. Here’s why the BTR market — and the financing part of the equation — is showing no signs of slowing down in the Phoenix […]
Scottsdale’s Tower Capital Passes $1B in BTR FinancingJune 7, 2023 - 10:50 pm
For Tower Capital, the hits just keep coming. The Scottsdale company surpassed $1 billion in lending activity for the rapidly growing build-to-rent sector. The financings have helped developers add roughly 6,000 units across 35 communities across the Sunbelt. Tower Capital’s $1 billion milestone was met after recently arranging $120.5 million in financing for two build-to-rent […]