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.

Senate passes 8 bills before slinking off to budget negotiations and Memorial Day weekend
By Jordan Gerard | State Affairs Keeping some work on their plate, the Senate passed eight House Republican bills on Monday, all on bipartisan votes.




