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MULTIFAMILY NEWS
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Keystone Homes Refinances AZ Build-to-Rent Community with $30 Mil in Fannie Mae Money

5/14/26

Keystone Homes has obtained $30 mil in Fannie Mae cash-out financing for The Havenly Superstition, a 166-unit horizontal apartment/cottage-style build-to-rent (BTR) community located in Apache Junction, AZ.

Located at 695 E. Superstition Blvd and completed in 2025, The Havenly Superstition consists of 166 horizontal/cottage-style rental units designed to offer residents the privacy and comfort of single-family living, combined with the convenience of professionally managed leasing. Residents enjoy breathtaking views of the Superstition Mountains and an array of amenities including a heated resort-style pool and spa, a dog park, clubhouse, and community garden.

The financing was arranged by Senior Managing Director Scott Holland, Senior Directors Vin Basa and Brad Burns, and Vice President Jeremy Hammill of Berkadia Scottsdale. The seven-year, fixed-rate loan offers full-term interest-only payments and provides cash-out proceeds to the borrower.





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