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Tower Capital Reports Nearly $70 Million in Closings in Past 30 Days
- Finance, Latest News
- November 14, 2019
Phoenix, Arizona – It was a stellar month for Tower Capital Organization, an independent structured finance firm based in Phoenix. In the last 30 days alone, the company closed nearly $70 million in loan volume across eight properties in the Southwest. Tower Capital closed loans across eight properties in Arizona and California. The largest deal
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NorthMarq Completes $17,039,000 Refinance of View 32 in Phoenix
- Multifamily
- November 14, 2019
Phoenix, Arizona – Michael Elmore and Ory Schwartz collaborated to arrange the $17,039,000 refinance of View 32, a multifamily property located at 10801 North 32nd Street in Phoenix, Arizona. “NorthMarq was able to put this deal under application as the property was nearing stabilization by getting Freddie Mac comfortable that the subject would be fully
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STORE Capital Issues 15-Year AAA Rated Debt
- Finance
- November 13, 2019
Closes $508 Million Securitization Including $326 Million of AAA Rated Debt Scottsdale, Arizona – STORE Capital Corporation (NYSE: STOR), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, announced today that it has issued an aggregate of $508 million of long-term fixed-rate notes designated as STORE Master
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NAIOP Arizona Board of Directors Elects New Officers, Board Members for 2020
- Latest News
- November 13, 2019
Phoenix, Arizona – The Arizona Chapter of NAIOP, the Commercial Real Estate Association, elected officers and board members for 2020 at its November board meeting. The 2020 Executive Committee of NAIOP Arizona is Jim Wentworth Jr., Chairman, Wentworth Property Company; Danny Swancey, Vice Chairman, ViaWest Group; Cathy Thuringer, Treasurer, Trammell Crow Company; John Orsak, Programs
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Boarder Capital Sells Mountain Vista Plaza to Canadian Investor for $14 Million
- Retail
- November 12, 2019
Phoenix, Arizona – On behalf of an entity formed by Boarder Capital, the capital markets team of Ryan Schubert and Michael Hackett of Cushman & Wakefield successfully closed the sale of Mountain Vista Plaza. MIRAJH LLP of Saskatoon, SK, Canada acquired the 64,071-square-foot (SF) retail center for $14.125 million. Located at the southwest corner of
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Allred, Willmeng Launch Northrop Grumman’s New Chandler Campus
- Features
- November 12, 2019
Chandler, Arizona – Willmeng Construction Inc., a Phoenix-based commercial general contractor, hosted the ribbon cutting ceremony on Nov. 12, launching the opening of a 633,000-square-foot build-to-suit campus for Northrop Grumman, which will serve as the home for their launch vehicles business. This office and manufacturing facility which supports national defense and aerospace, was developed by the Douglas
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