BWE arranged $28.8 million to refinance Cabana Bridges, a 288-unit garden-style multifamily community built in Tucson, Arizona in 2023. The financing was arranged on behalf of Greenlight Communities and Holualoa Companies.
Matt Terpstra and Charlie Williams, both in BWE’s Phoenix office, originated the seven-year Freddie Mac loan, which features a flexible prepayment option and a favorable interest rate that closely aligned with Greenlight Communities’ business needs.
Located at 1102 E. 36th Street, just off I-10 and less than 5 miles from Downtown Tucson, the gated Cabana Bridges community offers studio, one-, and two-bedroom apartments with a range of functional community amenities, including spacious outdoor courtyards with citrus trees, barbecue and seating areas, a two-story clubhouse with a coworking lounge and coffee bar, covered parking, a 24/7 fitness center, and a swimming pool with lounge seating.
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