Honeycutt Run development coming to Maricopa

By Kimlye Stager | Pinal Central

MARICOPA — Area renters may soon have a new option within Maricopa as a new rental development is now in the works.

The development, Honeycutt Run, recently received construction loan backing to build in Maricopa.

According to a press release, Northmarq’s debt and equity team secured a $49.5 million construction loan to develop Honeycutt Run.

It’s a build-to-rent community developed by Bela Flor Communities. The loan was structured at 80% loan-to-cost.

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