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10/30/20
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Next Wave Investors locked up a $21.285 mil refi loan on Westover Parc, a 160-unit, multi-housing property in Phoenix. Jamie Kline, Charlie Vorsheck and Tim Brousse with JLL arranged the 10-year, floating-rate loan through Freddie Mac.
Westover Parc, located at 6515 W. McDowell Rd, consists of one-, two- and three-bedroom units ranging from 792 sf to 1.2k sf. The gated community also features barbecue grills and picnic areas and a fitness center.
Conveniently located near the Papago Freeway, Westover Parc is a short drive to downtown Phoenix and various colleges and universities, including Grand Canyon University, Phoenix College and Glendale Community College. Additionally, the apartments are proximate to various shops and dining options, such as the Desert Sky Mall.
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