Deco Communities has landed three-year construction financing for a 110-unit condo project in Phoenix’s Midtown neighborhood. HFF arranged the $18.3 million in non-recourse financing via a commercial bank. The 60-percent loan-to-cost financing puts the total development price in the $30.5 million ballpark. HFF also arranged joint venture equity capital for the project.
From robots to real connection: Arizona initiatives take on letter writing
Two Arizona-based projects have created new approaches to the personalization of letter writing: One uses robots and another encourages writing through monthly prompts. Julia Schamko