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$15,920,000

For Las Casitas Apartments
in Avondale, AZ

Financing Type: Permanent
Property Type: Multi-Family
Term: 7 Years
Amortization: 30 Years

Transaction Contacts

  • Adam Parker
    Phoenix Office
    (602) 374-2100

  • Chad Metzger
    Phoenix Office
    (602) 374-2100

  • Michael Heagerty
    San Francisco Office
    (415) 956-7600

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Multi

The loan includes interest-only payments, followed by a 30-year amortization and some added prepayment flexibility in the last two years of the loan. The sponsor, 29th Street Capital, intends to invest more than $2.1M in capital improvements, which includes: improving interiors, community clubhouse, pool area, dog park, and other amenities.

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