Major loan secured to finish swanky Paradise Valley community

Via Five Star Development

By Audrey Jensen | Phoenix Business Journal

The pool area of the Ritz-Carlton Paradise Valley resort that’s planned as part of the $2 billion The Palmeraie mixed-use project across 122 acres in Paradise Valley and Scottsdale.

Scottsdale-based Five Star Development has secured a massive loan to complete construction on the master-planned The Palmeraie in Paradise Valley near Scottsdale Road and Lincoln Drive. 

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