Stockdale Capital Partners Secures $72.3M Loan From Nuveen For Acquisition Of The Quincy At Kierland

The Quincy at Kierland is a multifamily apartment complex located at 15826 North Scottsdale Road in Scottsdale, AZ. The property consists of 266 units, and Stockdale Capital Partners has secured an acquisition loan amounting to $72.3 million from Nuveen to facilitate the purchase of the property, which is part of a larger transaction valued at $110.3 million. The loan is structured as a five-year, floating-rate loan.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $110,300,000
• Loan Amount: $72,300,000
• Loan Type: Acquisition
• Address: 15826 North Scottsdale Road, Scottsdale, AZ
• Units: 266
• Lender: Nuveen
• Landlord: Stockdale Capital Partners
• Broker Representatives: Cameron Chalfant, Jesse Zarouk & Brian Eisendrath - Institutional Property Advisors

This acquisition loan was facilitated by Cameron Chalfant, Jesse Zarouk, and Brian Eisendrath from IPA’s Los Angeles office, representing the interests of Stockdale Capital Partners in this transaction.