(480) 889-6100 BK-0917799  |  NMLS# 396288

June 2016 Recently Funded Loans – Apartment Units Coming to North Phoenix

Warehouse planning in Wilcox, AZ

Look out Deer Valley, apartments are heading your way!  This land is zoned for 287 multi-family units, with a plan to build a 2-3 story apartment complex across 10 acres in North Phoenix.  Our borrower chose to come to Capital Fund for a land bridge loan, to help gap the funding between now and the beginning of their vertical construction.

  • 10 Acres
  • 287-unit apartment project with a permit ready
  • Loan Amount: $2,500,000
  • Rate: 12%
  • Loan Type: Land Bridge Loan
  • Asset Type: Land Zoned for 287 Multi-Family Units

Looking to purchase land for a development project, call Capital Fund I today at 480.889.6100!

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  • 14555 N Scottsdale Rd #200
    Scottsdale, AZ 85254
  • Phone: 480.889.6100
  • Fax: 480.361.8628
  • Hours: Mon-Fri 8am-5pm

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