November 21, 2024 11:59 am
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Greenlight opens Tucson community

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.

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