Wikipedia says the City of Scottsdale has owned the airfield portion of Scottsdale Airport since buying it from the Seventh-day Adventist Church in 1966. The field is about nine miles north of downtown Scottsdale. It is general aviation. The article says the city forbids typical Part 121 airline service and that JSX operates Part 135 service. It describes aviation activity at the airport and in the surrounding airpark as an economic asset. The purchase price is omitted here. Job counts and dollar impacts are omitted. What a lender can use is the location: an office or industrial building in that airpark is a Scottsdale asset with a city-owned field next to it, not a Phoenix Sky Harbor warehouse and not a Tucson business park.
Stabilized retail along Scottsdale Road and leased apartments of five or more units are the other files sponsors bring to a life company. The parent note is life company loans. The other city notes, which this page does not copy, are Phoenix life company and Tucson life company. The Airpark as a place is Scottsdale Airpark. Retail in the city is Scottsdale retail. A conduit, if the life company will not hold the file, is Scottsdale CMBS.
What a carrier actually screens, without a number
Life companies look for a sponsor they can underwrite, a building whose income is already being collected, and a willingness to lock the rate for a long term. Some will talk about a lower proceeds level than a conduit. This page will not turn that habit into a leverage percentage, a coverage test, or a coupon. The rate lock, fixed versus floating, is explained without a sample rate on fixed versus floating rate locks. If the existing Scottsdale loan is what you are replacing, start with Scottsdale refinance and bring the note.
Apartments that fit Fannie Mae or Freddie Mac are a different program, placed with an approved lender. Capital Market Funds is not a Fannie Mae DUS lender and is not a Freddie Mac Optigo lender. A life company is often the commercial answer, and sometimes the apartment answer, when agency is the wrong box. The carrier decides. We arrange the package.
Why this is not the Phoenix life-company page with a new title
Phoenix life-company collateral in the public record includes industrial buildings in the Southwest and Northwest valleys. Scottsdale's public facts on this page are a municipal general-aviation airport owned since 1966 and an airpark the city article treats as part of that aviation activity, plus retail on Scottsdale Road. If your building is a big-box warehouse on a Phoenix loop, use the Phoenix page. If it is a leased Airpark building or a Scottsdale Road shop with term left, use this one.
No interest rate is stated. No carrier is named as 'the' Scottsdale life company, because the firm does not pretend to be the insurer. Calling or sending the form reaches Craig Hoebing at 7373 E Doubletree Ranch Rd #255, Scottsdale, AZ 85258. That is the office. It is not a commitment.
Scottsdale market context
- Airfield owned by the city since 1966
- Wikipedia says Scottsdale bought the airfield from the Seventh-day Adventist Church in 1966. The airport remains general aviation, about nine miles north of downtown, with Part 121 service forbidden. Wikipedia, Scottsdale Airport, accessed for this page in October 2026