Canyon Partners Real Estate, Ascendant Capital Partners, and Bond Companies to Develop Class A Multifamily Community in Phoenix, AZ
Canyon Partners Real Estate, Ascendant Capital Partners, and Bond Companies have formed a joint venture to develop Inspire Sonoran Desert, a 560-unit Class A multifamily community in Phoenix's North Valley submarket. The development, designed by Gensler, will feature ten residential buildings with 1-, 2-, and 3-bedroom apartments ranging from 650 to 1,375 square feet.
The project is strategically located near TSMC's new semiconductor plant, a $65 billion investment expected to create 6,000 direct jobs and thousands of indirect positions. The community will offer premium amenities including a junior Olympic-sized pool, two resort-style pools, fitness center, pickleball courts, and access to 8.2 miles of trails. Kennedy Wilson provided the senior construction loan, marking their continued expansion in construction lending following their $4.1 billion loan portfolio acquisition.
Canyon Partners Real Estate, Ascendant Capital Partners e Bond Companies hanno formato una joint venture per sviluppare Inspire Sonoran Desert, una comunità multifamiliare di classe A composta da 560 unità, situata nel submercato North Valley di Phoenix. Lo sviluppo, progettato da Gensler, presenterà dieci edifici residenziali con appartamenti con 1, 2 e 3 camere da letto che variano da 650 a 1.375 piedi quadrati.
Il progetto è strategicamente posizionato vicino al nuovo impianto di semiconduttori di TSMC, un investimento di 65 miliardi di dollari che si prevede creerà 6.000 posti di lavoro diretti e migliaia di posti di lavoro indiretti. La comunità offrirà servizi di alta qualità, tra cui una piscina di dimensioni junior olimpiche, due piscine in stile resort, un centro fitness, campi da pickleball e accesso a 8,2 miglia di sentieri. Kennedy Wilson ha fornito il prestito per la costruzione senior, segnando la loro continua espansione nel prestito per la costruzione dopo l'acquisizione del loro portafoglio di prestiti di 4,1 miliardi di dollari.
Canyon Partners Real Estate, Ascendant Capital Partners y Bond Companies han formado una empresa conjunta para desarrollar Inspire Sonoran Desert, una comunidad multifamiliar de clase A con 560 unidades en el submercado North Valley de Phoenix. El desarrollo, diseñado por Gensler, contará con diez edificios residenciales con apartamentos de 1, 2 y 3 dormitorios que van de 650 a 1,375 pies cuadrados.
El proyecto está estratégicamente ubicado cerca de la nueva planta de semiconductores de TSMC, una inversión de 65 mil millones de dólares que se espera cree 6,000 empleos directos y miles de puestos indirectos. La comunidad ofrecerá servicios de primera calidad, incluidos una piscina de tamaño olímpico junior, dos piscinas estilo resort, un gimnasio, canchas de pickleball y acceso a 8.2 millas de senderos. Kennedy Wilson proporcionó el préstamo de construcción senior, marcando su continua expansión en el préstamo de construcción tras la adquisición de su cartera de préstamos de 4.1 mil millones de dólares.
캐년 파트너스 리얼 에스테이트, 어센단트 캐피탈 파트너스, 본드 컴퍼니즈가 공동으로 인스파이어 소노란 데저트를 개발하기 위한 합작 투자를 형성했습니다. 이곳은 피닉스의 노스 밸리 하위 시장에 위치한 560세대 규모의 A급 다가구 주택 단지입니다. 젠슬러가 설계한 이 개발은 650 평방피트에서 1,375 평방피트에 이르는 1, 2, 3 베드룸 아파트를 갖춘 10개의 주거 건물로 구성됩니다.
이 프로젝트는 TSMC의 새로운 반도체 공장 근처에 전략적으로 위치해 있으며, 이 공장은 650억 달러의 투자로 6,000개의 직접 일자리를 창출하고 수천 개의 간접 일자리를 창출할 것으로 예상됩니다. 이 커뮤니티는 주니어 올림픽 크기의 수영장, 리조트 스타일의 두 개의 수영장, 피트니스 센터, 픽클볼 코트 및 8.2 마일의 트레일에 접근할 수 있는 프리미엄 편의시설을 제공합니다. 케네디 윌슨은 시니어 건설 대출을 제공하여 41억 달러의 대출 포트폴리오 인수 이후 건설 대출 분야에서 지속적인 확장을 추진하고 있습니다.
Canyon Partners Real Estate, Ascendant Capital Partners et Bond Companies ont formé un partenariat pour développer Inspire Sonoran Desert, une communauté résidentielle de classe A comptant 560 unités sur le sous-marché North Valley de Phoenix. Le projet, conçu par Gensler, comportera dix bâtiments résidentiels avec des appartements d'une, deux et trois chambres allant de 650 à 1 375 pieds carrés.
Le projet est stratégiquement situé près de la nouvelle usine de semi-conducteurs de TSMC, un investissement de 65 milliards de dollars qui devrait créer 6 000 emplois directs et des milliers d'emplois indirects. La communauté offrira des équipements de premier ordre, y compris une piscine de taille junior olympique, deux piscines de style resort, un centre de remise en forme, des courts de pickleball et un accès à 8,2 miles de sentiers. Kennedy Wilson a fourni le prêt senior pour la construction, marquant leur expansion continue dans le prêt de construction après l'acquisition de leur portefeuille de prêts de 4,1 milliards de dollars.
Canyon Partners Real Estate, Ascendant Capital Partners und Bond Companies haben ein Joint Venture gegründet, um Inspire Sonoran Desert zu entwickeln, eine Klasse-A-Wohnanlage mit 560 Einheiten im Nordtal von Phoenix. Die Entwicklung, entworfen von Gensler, umfasst zehn Wohngebäude mit 1-, 2- und 3-Zimmer-Appartements, die zwischen 650 und 1.375 Quadratfuß variieren.
Das Projekt befindet sich strategisch günstig in der Nähe des neuen Halbleiterwerks von TSMC, einer Investition von 65 Milliarden Dollar, die voraussichtlich 6.000 direkte Arbeitsplätze und Tausende indirekte Stellen schaffen wird. Die Gemeinschaft bietet hochwertige Annehmlichkeiten, darunter ein Junior-Olympia-Größe-Pool, zwei Resort-Pools, ein Fitnesscenter, Pickleball-Plätze und Zugang zu 8,2 Meilen Wanderwegen. Kennedy Wilson stellte das Senior-Bau-Darlehen bereit, was ihre weitere Expansion im Bereich Baufinanzierung nach dem Erwerb ihres Darlehensportfolios über 4,1 Milliarden Dollar markiert.
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560-unit Inspire Sonoran Desert is Ideally Situated Next to TSMC’s New Semiconductor Plant in Fast Growing North Valley Submarket
Designed by award-winning architect Gensler, Inspire Sonoran Desert will feature 560 thoughtfully designed residences across ten 3- and 4-story residential buildings. Built by The Garrett Construction Company, Inspire Sonoran Desert will offer 1-, 2-, and 3-bedroom apartment homes ranging from approximately 650 to 1,375 square feet with in-unit finishes that include stainless steel appliances, quartz countertops, private outdoor space, nine-foot ceilings, laminate vinyl plank flooring & tile, and smart locks with remote access. The project's amenities will include a junior Olympic-sized pool, two resort-style lounge pools with fire pits and cabanas, a state-of-the-art fitness and wellness center, a pet park, three professional-grade pickleball courts, and direct access to 8.2 miles of hiking, biking, and running trails.
North Valley has experienced rapid growth in recent years following TSMC’s announcement to build a multi-phase semiconductor plant in the submarket. As the largest foreign direct investment in
“Located in the heart of one of Phoenix’s fastest growing submarkets with strong demographic demand drivers, we are excited to enhance the housing options for the myriad of highly-skilled workers and families expected to move to North Valley in the coming years. Once complete, the property will provide residents with an unmatched living experience and a complement of resort-quality amenities including multiple pools and the area’s largest fitness facility as well as access to miles of hiking and biking trails. We look forward to working closely with our JV partners and bringing our demonstrated operational experience to this exciting project,” said Russell Gimelstob, Founder and CEO of Ascendant.
“We are thrilled to introduce the Inspire brand to Phoenix,” said Larry Bond, Chairman of Bond Companies. “Leveraging decades of experience developing market-leading multifamily communities, we are committed to delivering a residential community that reflects the vibrancy and growth of this thriving area.”
“Our thoughtfully selected and curated amenities offer residents the perfect blend of convenience and activity. The community is designed to meet the lifestyle needs of families and individuals drawn to this sought after neighborhood,” said Robert Bond, President of Bond Companies.
Inspire Sonoran Desert marks Canyon’s ninth investment in the
The Inspire Sonoran Desert construction loan is the latest in an active year for Kennedy Wilson’s debt investment platform. Q3 2024 marked the one-year anniversary of Kennedy Wilson’s acquisition of a
About Canyon Partners Real Estate LLC
Founded in 1991, Canyon Partners Real Estate LLC (“Canyon”) is the real estate direct investing arm of Canyon Partners, LLC, a global alternative asset manager with over
About Ascendant Capital Partners
Ascendant is a real estate investment firm headquartered in
About Bond Companies
Bond Companies is a leading real estate development and investment firm with offices in
About Kennedy Wilson
Kennedy Wilson (NYSE: KW) is a leading real estate investment company with over
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Media
For Ascendant Capital Partners
Nathaniel Garnick / Justin Dechiario
Gasthalter & Co.
(212) 257-4170
For Canyon Partners
Kris Cole
(310) 614-9208
pro-canyon@prosek.com
For Bond Companies
Rob Bond
(312) 229-5910, ext. 110
rbond@bondcompanies.com
Larry Bond
(310) 696-2050
lbond@bondcompanies.com
Source: Ascendant Capital Partners
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