PCCP Provides $84 Million Loan To Pacific Development Partners For Montreux Multifamily Community
5550 East Deer Valley Road
$84,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 5, 2026
AI
The asset involved in this transaction is Montreux, a 335-unit Class A multifamily community located at 5550 East Deer Valley Road, Phoenix, AZ. PCCP provided an $84 million senior loan to facilitate the refinancing of this property.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $84,000,000
- Lender: PCCP
- Landlord: Pacific Development Partners
- Broker: James Bach - CBRE
James Bach from CBRE represented the landlord Pacific Development Partners in the transaction. The financing provided by PCCP is intended to support the refinancing of the multifamily community, enhancing its operational capacity within the Phoenix market.
Players
Phoenix MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.19%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93