Single Family Build-To-Rent
- Property Type: Single-Family Build-to-Rent
- Financing Amount: $21,200,000
- Purpose: Ground Up Development
- Location: Phoenix, AZ
- Capital Source: Private Equity & Debt Fund
- Recourse: Non-Recourse
Tower Capital arranged the entire capital stack for a Build-to-Rent project in the Phoenix MSA for a new BTR developer. Tower Capital successfully arranged $21,200,000 in Co-GP Equity, LP Equity and non-recourse construction financing for a 47-unit single-family build-to-rent community in Phoenix, AZ. The development is located in the rapidly growing Laveen Village submarket, near job centers and the new Loop 202, Phoenix’s newest stretch of freeway.
About Tower Capital
Tower Capital was founded to enable owners of commercial real estate to achieve their investment goals with the least amount of time, energy, and cost, while creating surety of execution and peace of mind.
Established in 2015 and headquartered in Scottsdale, Arizona, Tower Capital provides customized structured financing to commercial real estate investors throughout the United States. The firm specializes in arranging debt and equity from $3 million to $300 million and has financed in excess of $2.3 billion for clients since inception. Tower Capital focuses on independent financial advising with an entrepreneurial mindset, market vigilance and personalized attention to every client.