Apartment Portfolio

Landmark Capital is pleased to announce the successful closing of $54,200,000 in construction financing for the ground-up development of two garden-style apartment communities in the Phoenix MSA. The properties total 534 units, including a 352-unit project in Goodyear and a 182-unit project in Gilbert.

Landmark worked diligently to find a lender who could meet the client’s key goals which included a non-recourse structure, a reduced minimum interest requirement and a relationship with the capacity to fund an ongoing pipeline of projects.