Updated Sep 30, 2026
Empire Group Secures $65.5 Million Refinance Loan From Värde Partners For Phoenix Community
30825 North North Valley Parkway
$65,500,000
Units
240
Asset Type
Single Family
Closing
Sep 30, 2026
About this deal
AI
The asset involved in this transaction is a 240-unit single-family build-to-rent community located at 30825 North North Valley Parkway in Phoenix, AZ. The property spans 34 acres and was completed in January 2026. The transaction was characterized by a refinancing loan amounting to $65,500,000.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $65,500,000
- Loan Type: Refinance
- Loan Terms: 3-year
- Lender: Bradley Bauer - Värde Partners
- Landlord: Richard J. Felker & Randy Grudzinski - Empire Group
- Market: Phoenix, AZ
- Units: 240
- Acres: 34
Värde Partners provided the loan to Empire Group for the refinancing of Village at Sonoran Vista, a notable community in the Deer Valley submarket, situated near the TSMC’s Arizona campus. The loan features a three-year initial term with the possibility of two one-year extensions.
On the Map
$65,500,000
Single Family
View full map
Players
Phoenix Single Family Market Snapshot
Boundary boundary · Single Family · Loan transactions
Loading comparables…
Deal FAQ
Visit Värde Partners to view all their deals.
Browse Phoenix single family loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93