December 18, 2024 8:03 pm
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Construction loan for The Village at Pioneer Park

By AZRE

Commercial real estate finance firm Tower Capital successfully arranged a construction loan for The Village at Pioneer Park, a new single-family rental community to be built in Peoria, Ariz. Tower Capital represented the Scottsdale-based real estate developer, The Empire Group.

The horizontal apartment project consists of 332 units and will sit on 30.2 acres. The units will average 950 square feet and will have premium countertops, stainless steel appliances, 10-foot ceilings, walk-in closets, smart home technologies and private yards. The community will feature detached garages, a designer workout facility, a resort-style pool and spa, a dog park and gated entrance.

The Village at Pioneer Park will be located in Peoria at 83rd and Olive avenues. Construction is scheduled to be completed in 2022.

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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.