Tower Capital has secured a $60.5 million acquisition loan for Liv Goodyear, a brand-new, class-A, multifamily apartment community. The deal at Liv Goodyear contributes to a record-breaking quarter for the company, which is on track to close $250 million during the final months of 2019. The company also broke its annual record, closing on more than $400 million this past year.
Located at the southeast corner of West Virginia Avenue and 153rd Drive in one of the fastest-growing cities in Arizona, Liv Goodyear is a 326-unit institutional-quality apartment community offering cutting-edge amenities and meticulously groomed grounds.
Outdoors, residents can enjoy a resort-style saltwater pool and spa, barbecues, gaming and social areas, and a sand volleyball court. In the heart of the community is a resident clubhouse, a 24-hour, state-of- the-art fitness center, a tranquil community garden, playground, and splash pad, as well as the security of controlled access gated entry, covered parking and garages.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.