Tower Capital Secures a $60M Loan for Liv Goodyear

The funds were used to acquire a brand-new, class-A, multifamily apartment community.

Tower Capital has secured a $60.5 million acquisition loan for Liv Goodyear, a brand-new, class-A, multifamily apartment community. The deal at Liv Goodyear contributes to a record-breaking quarter for the company, which is on track to close $250 million during the final months of 2019. The company also broke its annual record, closing on more than $400 million this past year.

Located at the southeast corner of West Virginia Avenue and 153rd Drive in one of the fastest-growing cities in Arizona, Liv Goodyear is a 326-unit institutional-quality apartment community offering cutting-edge amenities and meticulously groomed grounds.

Outdoors, residents can enjoy a resort-style saltwater pool and spa, barbecues, gaming and social areas, and a sand volleyball court. In the heart of the community is a resident clubhouse, a 24-hour, state-of- the-art fitness center, a tranquil community garden, playground, and splash pad, as well as the security of controlled access gated entry, covered parking and garages.