April 19, 2024 8:57 am
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MC Clark-Wayland to develop 202 apartment units in north Phoenix

Phoenix – MC Clark-Wayland in Scottsdale plans to build 202 apartments just north of Jomax Road along North Valley Parkway at Norterra Parkway in Phoenix. The multi-family project is being developed by MCCW Builders LLC (Jim Sweet, principal), which was formed by MC Cos. (Ken McElroy, Ross McCallister, principals) and Clark-Wayland Construction (Jere Clark, principal), both Scottsdale-based firms. Records show MCCW Builders LLC paid $1.615 million to acquire the 9.466-acre site in north Phoenix. The seller was Big Wash Investments LLC in Douglasville, Ga. (W. Harrison Merrill, manager). The sale was brokered through Rick Courtin of Empire Commercial Real Estate in Scottsdale. The buyer acquired the multi-family site with a $1.615 million loan from North Valley Holdings LLC, a Delaware-based company formed by Valley investors John Graham, Richard Mallery and David Mallery. Construction scheduled to start fourth quarter 2013, with opening to follow about 12 months later. Continue reading:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.