Page 2 - Five Star Development News Today

A development company announced it has received the funding to finish construction on a luxury mixed-use project in Paradise Valley.

The development has been more than a decade in the making, first getting approval in 2008, but various delays have slowed progress.

NEW YORK, May 12, 2023and The Palmeraie, a mixed-use, ultra-luxury retail, dining and residential development in Paradise Valley, Arizona as well as a portfolio of assets. The loan will be used to finish

NEW YORK, May 12, 2023 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity...

Five Star Development secured a $585 million construction loan from Madison Realty Capital for a $1 billion mixed-use, ultra-luxury project

Madison Realty Capital has originated a $585 million loan to Five Star Development for the completion of The Palmeraie project.

Peace has come to The Palmeraie, a $2 billion Ritz-Carlton Paradise Valley resort project on the Scottsdale border that had been threatened by $60 million in liens filed by the

Our data shows 618 hotels and 118,101 rooms will launch across North America, the Caribbean, Central America and South America in 2022 - including these standout schemes.

NOTABLE TRANSACTIONS: Apartment complex in Des Moines sold for $7.3 million Wednesday, June 16, 2021 8:00 AM Hickman Partners LLC, an Omaha-based group, paid Royal Oaks DSM LLC $8.7 million for property at 2400 Hickman Road in Des Moines, Polk County real estate records show. The 11-acre parcel includes the Royal Oaks apartment complex (pictured) constructed in 1973. The complex, with 203 units, includes eight three-story apartment buildings and a clubhouse/rental ...