Financing Amount:
Ground Up Development
Capital Source:
Debt Fund
Transaction Details:

Tower Capital arranged $46,322,530 in financing for The Village at Paseo de Luces in Tolleson, AZ, part of the Phoenix metro area. Single family built to rent properties continue to be in high demand in the Arizona market and throughout the United States.

The Village at Paseo de Luces community will feature detached garages, a designer workout facility, a recreation building with community kitchen and gathering area, a resort style pool, spa, barbeque and kitchen area, large green belts, a dog park with a washing station and a gated entrance. The units will feature fenced and gated, private patios and backyards with lush landscaping, premium countertops, stainless steel appliances, 10-foot ceilings, walk-in closets, high-speed fiber optic internet service, smart home technology, upgraded kitchen cabinetry and faux wood flooring.

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