Empire Group Secures $55M Construction Loan From North River Partners And Amzak Capital Management

The asset involved in the transaction is a development site covering 27 acres in Queen Creek, AZ. This site is intended for a build-to-rent community known as Village at San Tan, which is projected to be completed in summer 2026.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $55,000,000
• Lender: Sean Robertson - North River Partners & Amzak Capital Management
• Landlord: Empire Group
• Loan Type: Construction

The deal involves key players including Empire Group, which secured the construction financing for the project, indicating the involvement of both North River Partners and Amzak Capital Management in facilitating the loan agreement for the development.