City context on a Scottsdale bank quote
- Loop 101 and Shea
- The Loop 101 runs through Scottsdale, and Shea Boulevard is the east-west road sponsors use for north Scottsdale medical and office. Mayo Clinic has an Arizona campus on Shea in Scottsdale. That is tenancy context for a medical building. It is not a claim that the clinic is a borrower. Mayo Clinic Arizona
Scottsdale bank requests usually split in two. One is an owner-user medical or professional building, often near the Mayo Clinic campus in north Scottsdale or a smaller practice suite. The other is investor industrial or flex in the Airpark that a portfolio lender will hold with recourse. Capital Market Funds shops local, regional, and credit-union quotes for both. The legal name on the request is the institution that would book the loan, not Capital Market Funds LLC.
Two published originations name Scottsdale, and neither is a bank loan. The Block at Pima Center is a retail ground-lease acquisition. Three flex buildings in Scottsdale Airpark are a life-company permanent refinance. Using either card as a Scottsdale bank closing would be false. The only bank-labeled tombstone on the site is a Midwest office acquisition.
What a Scottsdale bank file is actually underwritten on
A bank or credit union reads global cash flow, the sponsor's liquidity, and whether deposits or a covenant are part of the relationship. That is a different conversation from a life-company lock at application, which is what the Airpark flex refinance was. If the Airpark building in front of us is stabilized multi-tenant flex, we will say when life company is the cleaner hold and when a bank quote is the one the sponsor actually wants.
Old Town retail and a north Scottsdale medical condo do not share a term sheet. Send the address, the occupancy, and whether the sponsor occupies the building. Statewide portfolio context is Arizona bank. City of Phoenix addresses belong on Phoenix bank.
What we will not call a Scottsdale bank loan
We do not take deposits, and we do not keep the loan on our balance sheet. A quote we arrange is the bank's quote. Agency apartments are not forced onto a bank application to collect a term sheet. We are not a Fannie Mae DUS lender.
Construction draws are not this page. When the request is a bank construction loan, that comparison is Arizona bank construction. The Scottsdale city hub is Scottsdale commercial mortgages.
Scottsdale holds we compare with a bank
| Source | When it fits |
|---|---|
| Arizona bank | Statewide portfolio debt. We arrange it. We are not the depository. |
| Bank execution | How the desk compares banks and credit unions. |
| Life company | The published Airpark flex refinance. Not a bank card. |
| Scottsdale medical office | A common owner-user bank file. The dental cash-out names Tempe. |