Matrix Equities Secures $39.35M Construction Loan For Development Site In Maricopa, AZ
Highway 238 & Loma Road
Summary
A development site located at Highway 238 & Loma Rd in Maricopa, AZ has been involved in a recent loan transaction. The property is owned by Matrix Equities, a prominent landlord in the area. The loan amount for this transaction is $39,350,000, and it is classified as a construction loan, indicating that the funds will be used for the development and construction of the site.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $39,350,000
- Market: Maricopa, AZ
- Asset Type: Development Site
- Landlord: Matrix Equities
- Broker: Mike Guterman - Highland Realty Capital
In this transaction, Mike Guterman from Highland Realty Capital acted as the broker. He represented either the buyer, seller, landlord, or tenant in the deal, ensuring its smooth completion. Highland Realty Capital is a reputable agency that offers professional real estate services in the Maricopa, AZ market.
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