Brief
Scottsdale Developer Inks $141M Construction Loan for Luxury Apartments
The Hampton Group has secured $141 million in construction financing for the development of IKONIC Scottsdale, a 14-story, 245-unit luxury multifamily rental tower in Scottsdale, Ariz. Completion is s
Summary
The Hampton Group has secured $141 million in construction financing for the development of IKONIC Scottsdale, a 14-story, 245-unit luxury multifamily rental tower in Scottsdale, Ariz.
Completion is slated for 2028.
Multihousing News reports that Greystone arranged the loan, which consisted of a senior mortgage from Bank OZK and a mezzanine loan from Related Fund Management.... The post Scottsdale Developer Inks $141M Construction Loan for Luxury Apartments appeared first on Connect CRE
Source
- Connect CREconnectcre.com
