$17,100,000
Construction Loan

Manistee Ranch Townhomes

Principals of Schelin Uldricks & Co. arranged a 78% LTC non recourse construction loan for a 71-unit townhouse development project in Glendale, AZ. The project was located within an Opportunity Zone, with 100% of the project equity coming from a specific Opportunity Zone Fund. The sponsor provided fee-development services only to the project.

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