{"id":797777,"date":"2022-06-07T22:03:49","date_gmt":"2022-06-07T20:03:49","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/ejf-capital-and-crimson-canyon-close-23-4-million-construction-loan-for-a-warehouse-in-the-accelerating-phoenix-market\/"},"modified":"2023-07-10T17:42:13","modified_gmt":"2023-07-10T15:42:13","slug":"ejf-capital-and-crimson-canyon-close-23-4-million-construction-loan-for-a-warehouse-in-the-accelerating-phoenix-market","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/ejf-capital-and-crimson-canyon-close-23-4-million-construction-loan-for-a-warehouse-in-the-accelerating-phoenix-market\/","title":{"rendered":"EJF Capital and Crimson Canyon Close $23.4 Million Construction Loan for a Warehouse in the Accelerating Phoenix Market"},"content":{"rendered":"The Buckeye, AZ project will meet intense demand for warehouse space in an emerging distribution warehouse submarket\n\nARLINGTON, Va.--(BUSINESS WIRE)--EJF Capital LLC (\u201cEJF\u201d) and joint venture partner Crimson Canyon today announced the close of an approximately $23.4 million construction loan from Pacific Premier Bank to develop a 326,000-square foot warehouse outside of Phoenix, AZ. The project is in an area certified as a \u201cQualified Opportunity Zone\u201d under the Tax Cuts and Jobs Act of 2017 (\u201cTCJA\u201d), which offers investors potential tax benefits to invest into Qualified Opportunity Zones with the aim of spurring economic growth in lower income areas.\n\n\nEJF OpZone Fund II LP will be committing $19.2 million in equity to the proj
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The Buckeye, AZ project will meet intense demand for warehouse space in an emerging distribution warehouse submarket ARLINGTON, Va.–(BUSINESS WIRE)–EJF Capital LLC (\u201cEJF\u201d) and joint venture partner Crimson Canyon today announced the close of an approximately $23.4 million construction loan from Pacific Premier Bank to develop a 326,000-square foot warehouse outside of Phoenix, AZ. The […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-797777","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nEJF Capital and Crimson Canyon Close $23.4 Million Construction Loan for a Warehouse in the Accelerating Phoenix Market - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/ejf-capital-and-crimson-canyon-close-23-4-million-construction-loan-for-a-warehouse-in-the-accelerating-phoenix-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EJF Capital and Crimson Canyon Close $23.4 Million Construction Loan for a Warehouse in the Accelerating Phoenix Market - BeBeez\" \/>\n<meta property=\"og:description\" content=\"The Buckeye, AZ project will meet intense demand for warehouse space in an emerging distribution warehouse submarket ARLINGTON, Va.--(BUSINESS WIRE)--EJF Capital LLC (\u201cEJF\u201d) and joint venture partner Crimson Canyon today announced the close of an approximately $23.4 million construction loan from Pacific Premier Bank to develop a 326,000-square foot warehouse outside of Phoenix, AZ. 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