The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 29, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



TEXAS/SOUTHWEST NEWS
Printer-friendly Version   Email an Associate
AZ Build-to-Rent Development Lands $30 Mil in Construction

12/27/22

A joint venture between Blue Vista Capital Management and Family Development secured $30 mil in construction money for Villas Litchfield Park, a planned, 153-unit, build-to-rent community development in Phoenix.

Upon completion, Villas Litchfield Park will offer one- and two-bedroom, free-standing, single-story units that offer the privacy of a single-family home with the luxurious community amenities of an apartment complex. All units will feature simulated wood flooring, quartz countertops, stainless steel appliances, in-unit washer/dryers and private backyards. Luxury amenities will include a resort-style pool, fitness center, open turf spaces, outdoor lounge area and grill area.

Villas Litchfield Park is located in a dense infill location in Phoenix’s West Valley, an affluent area poised for further growth. The property is surrounded by a plentiful amenity base, including numerous dining and entertainment options as well as recreational sites. In addition, Villas Litchfield Park has convenient access to downtown Phoenix via Interstate 10 and Highway 303.

Brian Walsh, Brad Miner and Dave Hunter with JLL Capital Markets arranged the three-and-a-half-year loan through Old National Bank.





Return to the Archive page


 


 


 


 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media