Tower Capital Blog

Commercial Real Estate Finance Articles

 

Westgate

Westgate’s Commercial Implications

June 26, 2018

Recently, a huge deal rocked the commercial real estate landscape of Arizona. GoDaddy founder and billionaire, Bob Parsons, recently acquired Glendale’s Westgate Entertainment District for $133 million. Being the West Valley’s sports and entertainment hub, Parsons’ Scottsdale-based YAM Properties closed on the deal, purchasing the property from iStar, a New York City-based firm. This large-scale […]

George Maravilla joins Tower Capital

January 31, 2018

Tower Capital, a commercial real estate structured finance firm, announced that George Maravilla has joined the firm’s Phoenix office as Vice President. In his new position, Mr. Maravilla will be utilizing his extensive 14-year background at DMB Associates, a Scottsdale-based developer specializing in master-planned communities, country clubs, mixed-use commercial, multifamily, office and retail developments throughout […]

15th Annual IMN Real Estate Opportunity & Private Fund Forum

January 17-19th, 2018 The weather was beautiful at the Montage resort in Laguna Beach this year for the 15th Annual IMN Real Estate Opportunity & Private Fund Forum, the premier conference for commercial real estate focused private equity in the country. The vibes and energy were positive and bullish. With over 1,000 registrants for the […]

Public Transportation’s Impact on Property Values: Good or Bad?

September 19, 2017

There appears to be a sort of unfortunate urban myth that public transportation projects makes nearby neighborhoods less desirable. Certainly, the construction phases of some projects may generate noise and cause some inconvenience. No research supports the idea that public transportation increases crime or negatively impacts property values. The Positive Impact of Public Transportation on […]

Market Insights

July 19, 2017

Multifamily borrowers are continuing to benefit from a strong rental market. Many are taking advantage of the increased rents and NOI’s by refinancing and pulling cash out to be used for a variety of purposes, such as returning equity back to investors, performing capital improvements, or applying the funds toward additional investment opportunities. Banks and […]

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