Peralta Vista

Mesa, AZ

Multifamily Refinance

Peralta Vista

MULTIFAMILY REFINANCE

ACRES Capital has funded a $30 million loan to refinance Peralta Vista, a 135-unit build-to-rent multifamily property in Mesa, AZ. The improvements were built in 2023 and consist of 108 single-story buildings.

The Property also includes

• 108 single-story buildings
• A 135-unit build-to-rent
• A leasing office
• A clubhouse
• 10 garages

$30 Million

Loan Amount

Refinance

Loan Product

“Peralta Vista is a project that ACRES is proud to finance - thoughtfully designed, highly amenitized, and situated in a high-growth corridor supported by durable demographic and employment drivers. By pairing best-in-class sponsorship with a contemporary product that has demonstrated strong lease-up velocity, we believe this financing positions the property well for long-term success.”

- Mark Fogel

ACRES Chief Executive Officer and President

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ACRES Capital, LLC (“ACRES”) is an SEC-registered investment adviser with an office in Uniondale, New York. ACRES and its representatives are in compliance with the current registration and notice filing requirements imposed upon SEC-registered investment advisers by those states in which ACRES maintains clients. SEC registration is not an endorsement of the firm by the Commission and does not mean that the adviser has attained a specific level of skill or ability.