Principal Kevin Holland and Vice President Britton Holland bring extensive experience in return to the Houston Capital Markets office

 

 Kevin Holland

HOUSTON, TX –– Edge Realty Partners is pleased to welcome Kevin Holland back to the Houston Capital Markets team. 

  Holland most recently served as Executive Director with Cushman and Wakefield in Houston, Texas, providing advisory services to private and institutional clients in the greater Gulf Coast region. 

Britton Holland

Joining Kevin is Britton Holland, also formerly of Cushman and Wakefield, and a top advisor with a focus on valuation, strategic planning, and transaction structure. 

 

As an entrepreneur, Britton has developed commercial real estate software applications designed to optimize retail site selection and land development opportunities, efficiently analyzing satellite imagery via machine learning and AI techniques.

 

Kevin and Britton both have diverse experience, including assisting clients with debt and equity, purchasing non-performing loans, acquiring properties on behalf of public and private REITS, and disposing of properties and portfolios for private and institutional clients.

 

 

Contact:

 

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

 

JLL Capital Markets arranges $63 million construction financing for the 348-unit Meritum Sonoran Desert in Phoenix, AZ

With an anticipated completion in 2025,
 the 13-building Meritum Sonoran Desert
 will include one-, two- and three-bedroom units

  

PHOENIX, AZ – JLL Capital Markets has secured $62.625 million in construction financing for Meritum Sonoran Desert, a 348-unit, garden-style multi-housing development in Phoenix, Arizona.

 

JLL worked on behalf of the borrower, IDM Companies, to secure the loan through a life company. The project is IDM’s second multi-housing development in the North Phoenix area.

 

Elle Miraglia

With an anticipated completion in 2025, the 13-building Meritum Sonoran Desert will include one-, two- and three-bedroom units with an average size of 1,048 square feet.

 

The project will feature a free-standing clubhouse with a resident living room and kitchen, state-of-the-art exercise facility, package lockers, covered patio, a dog park, fire pits and two resort-style pools.

 

Situated at the northwest corner of Sonoran Desert Drive and 29^th Avenue, the project is located less than three miles from the new $40 billion Taiwan Semiconductor manufacturing facility.

Kevin MacKenzie

It is positioned at the southeast corner of the I-17 Freeway Interchange, which allows future residents immediate proximity and ease of access to primary employment corridors.

 

Additionally, the community will be within 10 minutes of regional retail developments, including the Shops @ Norterra, Happy Valley Towne Center, Tramanto Marketplace and multiple Fry’s-anchored shopping centers.

 Brad Miner

The JLL Capital Markets Debt Advisory team was led by Executive Managing Director Kevin MacKenzie, Senior Managing Director Brad Miner and Associate Elle Miraglia.

 

“In spite of significant market headwinds and challenges in the banking system, this successful outcome shows there is still construction financing available for a top-flight sponsor with a well-conceived, well-located project,” said Miner.

 

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Contact:

 

Jenna Sharp

JLL, Public Relations

Dallas, Texas

M +1 214 394 3356

Jenna.Sharp@jll.com