The ONE @ Glendale
The ONE @ Glendale
Ground-Up Multifamily Development | Glendale, AZ
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Capital Stack
Co-GP Equity
$2.98 M · 2%
Lp-JV Equity
$56.7 M · 38.05%
Permanent Loan
$89.51 M · 60.07%
- Property Type
- Multifamily
- Deal Type
- Development
- Risk Profile
- Core Plus
The ONE @ Glendale will be a Class A multifamily project located in Glendale, AZ. The ONE @ Glendale is being developed and sponsored by Talos Holdings, LLC. Talos Holdings (the “Sponsor”), brings decades of experience with over 5,000 units in both ground-up development and value-add acquisitions. The Sponsors have recently completed Class A apartment communities in Texas, Florida, Colorado, and Kansas.
Ingram Tynes of Tynes Development, will be a Go-GP and also a sponsor on the transactions. Mr. Tynes has developed multifamily assets across the Southeast (Alabama, Georgia, and North Carolina.).
The One @ Glendale will be a 16.10-acre multifamily development located at the intersection of West Bell Road and the Arizona State Route 101 Loop Beltway in Glendale, AZ. Upon completion, the project will include 418 market-rate residential apartments, 100 attached |garage parking spaces, and 300 covered parking spaces.
The Project will provide its residents with best-in-class features and amenities. Units will include high-end finishes such as wood and ceramic flooring and crown molding. Residents will have access to a clubroom, fitness center, pool with in-water sun decks, dog grooming facility, bocce court, and horseshoe pits, as well as ample parking with
400 spaces for the 418 units.