italization “Bela Flor Secures $24M for Breathtaking Mesa Rental Recapitalization”

Bela Flor Communities has secured $24 million in preferred equity for the recapitalization of Bella Victoria, a 236-unit luxury community in Mesa, Ariz. Berkadia arranged the financing on behalf of the borrower. Completed in 2016, this garden-style community consists of 42 buildings with two and three bedroom floorplans ranging from 1,003 to 1,615 square feet. Each unit features private balconies and patios as well as direct access garages with dedicated 220-volt circuits for electric vehicle charging capabilities. Amenities include a fitness center; two swimming pools; pet park; two spas; and lounge area.
Located at 1350 S Ellsworth Road off Highway 60 – roughly 30 miles east of downtown Phoenix and 13 miles from downtown Mesa – Bella Victoria is conveniently located near Superstition Springs neighborhood which offers plenty retail options including dining & entertainment choices within 4 miles radius