Posts Tagged ‘Southwest Value Partners’
July 20, 2008
[Source: Andrew Johnson, Arizona Republic] – Many Arizona developers relied on Mortgages Ltd. In a business where even minor delays can add millions of dollars to projects, real-estate developers turned to the Phoenix-based commercial-mortgage lender for hard cash fast. In most cases, the company and its investors financed short-term loans intended to bridge gaps between [...]
Posted in Downtown Vitality, Finances, Governance, Luxury Housing |
Tags: Robert Sarver, Hotel Monroe, mortgage crisis, Mortgages Ltd., Andrew Johnson, Southwest Value Partners, Chateaux on Central, APEX Development Group, Gary Leavitt
No Comments »
June 29, 2008
[Source: Andrew Johnson, Arizona Republic, June 29, 2008] — Financing from Phoenix Suns majority owner Robert Sarver’s real-estate company could help bankrupt Mortgages Ltd. continue to fund some big-ticket developments and keep running its business. Phoenix-based Mortgages Ltd. filed an emergency motion Friday to obtain $125 million from Southwest Value Partners. Without the money, Mortgages Ltd. [...]
Posted in Downtown Vitality, Finances |
Tags: Downtown Phoenix, Robert Sarver, mortgage crisis, Mortgages Ltd., Grace Communities, Andrew Johnson, Southwest Value Partners, Scott Coles, John Clemency, Chateaux on Central, National Retail Development Partners LLC
No Comments »
June 23, 2008
[Source: Andrew Johnson, Arizona Republic, June 23, 2008] — Mortgages Ltd. filed for Chapter 11 bankruptcy Monday night, under pressure from a borrower that earlier had filed a petition seeking to liquidate the lender’s assets. John Clemency, an attorney for Mortgages Ltd., said that the move seeking a reorganization of its debts could help bring [...]
Posted in Downtown Vitality, Finances |
Tags: mortgage crisis, Mortgages Ltd., Grace Communities, Andrew Johnson, Southwest Value Partners, Scott Coles, John Clemency
No Comments »
October 24, 2007
In this October 24, 2007 column, Arizona Republic editorial writer, Richard deUriarte, encourages the City of Phoenix to preserve the 1929 Sun Mercantile Building just as it did with another city-owned property, the Phoenix Union High School buildings at 7th Street and Van Buren.
Posted in Coordination of Planning, Diversity and Cultural Inclusion, Downtown Vitality, Downtown Voices Coalition, Historic Preservation, Luxury Housing |
Tags: ALERT!, Arizona Republic, Asian American, City Council, Downtown Development Office, Downtown Phoenix, Facadism, Historic Preservation Commission, Historic Preservation Office, Phil Gordon, Richard deUriarte, Robert Sarver, Southwest Value Partners, Sun Mercantile, W Hotel, Warehouse District
No Comments »
September 26, 2007
[Source: Jahna Berry, Arizona Republic] — Phoenix City Council members and their top aides may have to tell a court whether they had improper talks with the developer of a proposed $200 million W Hotel project. Last week, a Maricopa County Superior Court judge ordered a trial to sort through conflicting accounts about how the [...]
Posted in Coordination of Planning, Diversity and Cultural Inclusion, Downtown Vitality, Downtown Voices Coalition, Historic Preservation, Luxury Housing |
Tags: ALERT!, Arizona Republic, Asian American, Barry Wong, Bill Scheel, City Council, David Cavazos, Downtown Development Office, Downtown Phoenix, Facadism, Frank Fairbanks, Gary Verburg, Historic Preservation Commission, Historic Preservation Office, Jahna Berry, Jay DeWitt, Jerry Colangelo, Mike Davis, Peter Swann, Phil Gordon, Robert Sarver, Southwest Value Partners, Sun Mercantile, W Hotel, Warehouse District
No Comments »
September 18, 2007
[Source: Jahna Berry, Arizona Republic] — A proposed $200 million boutique hotel in downtown Phoenix was on life support, but a judge’s Tuesday ruling has effectively killed the existing deal, the developer said. Phoenix Suns majority owner Robert Sarver was poised to build a 39-story W Hotel near US Airways Center. The development would have [...]
Posted in Coordination of Planning, Diversity and Cultural Inclusion, Downtown Vitality, Downtown Voices Coalition, Historic Preservation, Luxury Housing |
Tags: ALERT!, Arizona Republic, Asian American, Bill Scheel, City Council, David Cavazos, Downtown Development Office, Downtown Phoenix, Facadism, Frank Fairbanks, Historic Preservation Commission, Historic Preservation Office, Jahna Berry, Jay DeWitt, Mike Davis, Peter Swann, Phil Gordon, Robert Sarver, Southwest Value Partners, Sun Mercantile, W Hotel, Warehouse District
No Comments »
