Sobremesa Villas

Surprise, AZ

Multifamily Refinance

Sobremesa Villas

MULTIFAMILY REFINANCE

ACRES Capital has secured a $31 million loan to refinance the Sobremesa Villas, a build-to-rent property in Surprise, AZ.

• 150-units
• Improvements were built in 2023
• Consist of 121 single-story residential buildings.

$31 Million

Loan Amount

Refinance

Loan Product

“ACRES is proud to support Isola Homes with financing for Sobremesa Villas, a project that exemplifies the innovation and quality we look for in our lending partnerships. This community’s strong lease-up and thoughtful design reflect the growing demand for high-quality, single-level rental living in the Phoenix area.”

- Mark Fogel

Chief Executive Officer and President of ACRES

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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.