Artemis Realty Capital, LLC (“Artemis”) announced today it has closed 5 transactions totaling $4,925,000 within the past fourteen days. These transactions are a strategic move for Artemis with proven Borrowers. Each of these Borrowers have a significant track record in realizing the investments’ potential in transitional assets. The collateral on the loans consisted of 274 multi-family units and a 221,000 sq/ft office building in the Phoenix metro area.
Transaction completed within the past fourteen days are:
- Desert View Equity Deal – Preferred Equity Investment
126 Multi-Family Units – Mesa, AZ - North Point Condos – 1st Deed of Trust
36 Multi-Family Units – Phoenix, AZ - Fairway Vistas – 1st Deed of Trust
76 Multi-Family Units – Phoenix, AZ - Park Central – Tenant Improvements
221,000 sq/ft Office – Phoenix, AZ - Tempe Gardens – 1st Deed of Trust
36 Multi-Family Units – Tempe, AZ
About Artemis Realty Capital: Artemis Realty Capital, LLC (“Artemis”) is a regional private equity investment firm specializing in short-term real estate debt, mezzanine debt and preferred equity. Artemis has established 25-year platform that continues to provide flexible and reliable capital for real estate acquisitions, re-financings and re-capitalizations on multi-family, condominium inventory, office, retail, industrial, self-storage and assisted living facilities. Artemis is currently deploying capital in the range of 1MM to 25MM in the Southwestern United States. The firm will also consider select transactions with strong sponsors in national markets. Visit www.artemisrealtycapitalLLC.com for more information or contact Kyle McDonough at (602) 381-0238.
