JLL Capital Markets has arranged a $17.5 million refinancing deal for Villas de la Montaña, a 124-unit multifamily property in Tucson, Arizona. The refinance, secured on behalf of Clear Capital, was placed through MF1 Capital. The financing package will support continued upgrades and operational improvements at the value-add apartment complex, reflecting the strong appetite for quality rental housing across Southern Arizona.
The community features one- and two-bedroom units with modernized interiors, private patios, and access to lifestyle amenities like a pool, fitness center, and clubhouse. Located in northeast Tucson, the property offers quick access to outdoor recreation, shopping centers, and top employers in the metro area.
Why Arizona?
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Growing Demand for Rentals – Tucson’s affordable living costs and strong job growth continue to drive demand for updated multifamily housing.
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Value-Add Opportunity – Investors are targeting properties with room for improvements and long-term rent growth potential.
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Financing Confidence – Lenders like MF1 Capital remain active in Arizona markets, viewing them as stable and resilient.
Key Considerations
| Factor | Notes |
|---|---|
| Property Name | Villas de la Montaña |
| Location | Tucson, Arizona |
| Unit Count | 124-unit garden-style apartment community |
| Loan Amount | $17.5 million refinancing |
| Borrower | Clear Capital |
| Lender | MF1 Capital |
| Broker | JLL Capital Markets – Ryan Ash, Brad Miner, Brandon Harrington |
| Strategy | Value-add upgrades and operational optimization |
📎 JLL Newsroom – Read full article
Bottom Line
Tucson Still Hot: Investors continue betting on Tucson as an emerging multifamily hotspot with rent stability and room for upside.
Strong Capital Access: Securing a $17.5M refinance shows continued lender appetite for stabilized and value-add properties.
Infrastructure-Ready: With a solid roof, electrical, and structural foundation, these properties are prime for investment—reminding us how crucial a properly maintained roof system can be for long-term asset performance.
Q&A Section
Q: Why is Tucson attracting multifamily investors?
A: Tucson offers lower living costs, consistent job growth, and steady rental demand, making it an appealing market for both value-add and stabilized multifamily investments.
Q: What is a value-add property?
A: A value-add property is one that has potential for upgrades—such as interior renovations, amenity enhancements, or operational improvements—that can increase rental income and property value over time.
Q: Why is roof maintenance important for multifamily properties?
A: A well-maintained roof protects the entire asset, prevents costly water damage, and preserves long-term property value—critical for maintaining investor returns.
Call Kore Roofing today at (480)-690-9949 or visit koreroofing.com to schedule a free roof inspection and experience The Kore Difference.
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