Funded Project: $31M Private Scottsdale Airpark Development

FUNDED PROJECT: $23M Private Scottsdale Airpark Development

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Flying High: How Capital Fund 1 Powered the Nest Luxury Hangar Complex in Scottsdale.

At Capital Fund 1, we specialize in fueling projects that transform vision into reality, regardless of scale. Our recent partnership with Regehr Air Inc. for The Nest Complex at Scottsdale Airport (SDL) is a stellar example of how we help borrowers tackle ambitious developments with tailored financing solutions. This luxury hangar project is poised to elevate the private aviation experience in Scottsdale, offering cutting-edge facilities to meet the growing demand for private aviation.

 

See the progress in action: A time-lapse capturing this project’s evolution.

 

A Premier Opportunity at Scottsdale Airport

The Nest Complex is more than just a luxury hangar space—it’s a gateway to the future of private aviation in one of the busiest and most exclusive airparks in the country. SDL, a premier corporate jet facility, sees over 198,000 take-offs and landings each year and has contributed over $3 billion to the Scottsdale economy. Nestled just nine miles north of downtown Scottsdale, the complex is surrounded by world-class resorts, fine dining, and championship golf courses, making it the perfect destination for high-profile travelers and businesses.

This exclusive project features four state-of-the-art private hangars with direct taxiway access to the south runway, catering to small to mid-sized private aircraft. The development also includes a fuel farm and support office facilities, offering a turnkey solution for private aviation needs.

Strategic Development and Market Demand

Construction began in early 2024 on one of the last privately owned land parcels with runway and taxiway access frontage at Scottsdale Airpark. By early 2025, the project will boast 16,392 square feet of premium aviation space:

  • Hangar 1 (5,652 SF): Reserved for a private aviation operations hangar.
  • Hangar 2 (3,580 SF): Designated for a private aviation business.
  • Hangar 3 (3,580 SF): Sold to a private aviation specialist.
  • Hangar 4 (3,580 SF): Pre-sold to an aviation leasing company.

Every aspect of The Nest Complex was strategically planned to meet the surging demand for luxury aviation facilities, and we’re proud to have provided the financial support necessary to bring this vision to life.

How Capital Fund 1 Makes It Possible

When the developer sought funding to transform a vacant lot into this high-end hangar complex, they turned to Capital Fund 1 for a lending partner that could deliver fast, flexible, and substantial financing. Here’s how we supported the project:

  • Loan Amount: $23,138,000
    • Funded at closing: ~$9,100,000
    • Funded in construction draws: ~$13,900,000
  • Loan Term: 18 months

Project Details by the numbers:

  • Purchase Price: $12,262,650
  • Construction Budget: $19,165,000
  • Four hangers to with direct taxi and runway access
  • Total SF: 16,392 sqft

With a seamless loan process, we provided the resources to fund every stage of the project, from land acquisition to construction. Whether it’s a multi-million-dollar project like The Nest or a smaller-scale venture, Capital Fund 1 offers the expertise and agility that borrowers need to succeed.

See this project in action on our instagram.

Why Borrowers Choose Capital Fund 1

The Nest Complex is a testament to the possibilities our financing solutions unlock. Our borrowers know that when they partner with us, they gain more than just funding—they gain a strategic ally committed to helping them reach their goals. Here’s what sets Capital Fund 1 apart:

  • Flexible Lending Options: From smaller residential flips to large-scale commercial developments, we tailor loans to meet your project’s needs.
  • Fast Turnaround Times: With streamlined approvals and quick funding, you won’t miss out on opportunities.
  • Market Expertise: We understand the unique demands of the real estate market and provide personalized support to help you navigate challenges.
  • Borrower-Centric Approach: We work with you every step of the way to ensure your project is a success.

What This Means for You

If The Nest Complex proves anything, it’s that bold visions are achievable with the right financing partner. Whether you’re an investor building a portfolio or a developer tackling a major project, Capital Fund 1 is here to help. We’ve financed everything from small residential projects to sprawling commercial developments, empowering borrowers to scale their businesses and reach new heights.

Looking Ahead

As construction wraps up on The Nest Complex in early 2025, Scottsdale is set to welcome a world-class aviation hub that will serve private jet owners, charter businesses, and aviation enthusiasts alike. This project not only elevates the Scottsdale Airpark but also exemplifies the impact of strategic lending on local communities and economies.

If you’re ready to take the next step in your real estate investment journey, Capital Fund 1 is here to make it happen. Contact us today to learn how we can help fund your vision, whether it’s big or small.



 

In September, CF1 checked in on the project. Take a look!