PCCP has secured a $53 million bridge loan to refinance Hangar at Thunderbird, a newly constructed 266-unit, 19-building apartment community located in Glendale. The project completed its final stage of construction and initial phase of lease-up in December 2022 with one-, two-, and three-bedroom floorplans across 19 two- and three story buildings averaging 884 square feet per unit. Each includes private patios or balconies as well as access to amenities such as an outdoor pool & spa, tenant clubhouse, fitness center with EV charging stations plus ample private workspaces for hybrid or fully remote workers.
The West Valley’s availability of land has attracted healthcare, aerospace/defense distribution & advanced manufacturing companies to the region.
