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Canyon Partners Real Estate, Ascendant Capital Partners, and Bond Cos. to develop class A multifamily community in Phoenix
Transactions - DECEMBER 23, 2024

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Canyon Partners Real Estate, Ascendant Capital Partners, and Bond Cos. to develop class A multifamily community in Phoenix

by Released

Canyon Partners Real Estate, Ascendant Capital Partners, and Bond Cos. has formed a joint venture to support the development of Inspire Sonoran Desert, a 560-unit, Class A multifamily community in the North Valley submarket of Phoenix, Arizona. Kennedy Wilson provided the joint venture with a senior construction loan.

Designed by award-winning architect Gensler, Inspire Sonoran Desert will feature 560 thoughtfully designed residences across ten 3- and 4-story residential buildings. Built by The Garrett Construction Company, Inspire Sonoran Desert will offer 1-, 2-, and 3-bedroom apartment homes ranging from approximately 650 to 1,375 square feet with in-unit finishes that include stainless steel appliances, quartz countertops, private outdoor space, nine-foot ceilings, laminate vinyl plank flooring & tile, and smart locks with remote access. The project's amenities will include a junior Olympic-sized pool, two resort-style lounge pools with fire pits and cabanas, a state-

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