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Financing secured for ultra-luxe MF tower in Scottsdale
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Financing secured for ultra-luxe MF tower in Scottsdale
By Gail Kalinoski | Multi-Housing News The Hampton Group has secured $141 million in construction financing for the development IKONIC Scottsdale, a 14-story, 245-unit luxury multifamily rental tower in Scottsdale, Ariz. Completion is slated for 2028. Greystone arranged the loan, which consisted of a senior mortgage provided by Bank OZK and a mezzanine loan from Related Fund Management. Greystone’s team was led by Drew Fletcher, president at Gre…
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