Image courtesy of Greenlight Communities and Holualoa Cos.
(Disclosure: Rose Law Group represents Greenlight Communities.)
By Vicentiu Fusea | Multihousing News
A joint venture between Greenlight Communities and Holualoa Cos. has opened Villa Cielo Cortaro, a 196-unit multifamily property in Tucson, Ariz. This marks Greenlight’s second development in the market.
Construction financing for this project included an almost $23 million loan originated by Bell Bank in November 2022, according to Pima County records. The duo broke ground on the project last spring.
The community comprises studio, one- and two-bedroom floorplans ranging between 468 and 828 square feet. Apartments feature smart-home systems, stainless steel appliances and washers and dryers.
