Tucson's employment base is not Maricopa's. The University of Arizona, Davis-Monthan Air Force Base, and RTX Raytheon are the anchors people underwrite around. Owner-user buildings and smaller investment property that serve those employers are the files a Tucson or Arizona bank will actually portfolio. A regional bank may hold more. We compare the quotes. We do not pretend a Phoenix term sheet is a Tucson term sheet.
The only Tucson tombstone is a 2026 Capital Market Funds closing: value-add multifamily, $28,000,000, life company, 80% LTC, interest only during construction. The card says life company. Interest-only during construction does not make it a bank construction loan. It does not move onto this page as bank proof.
Pima County is not a Maricopa bank box
Some Arizona banks lend in both counties. Many price Tucson as its own market, with its own sponsorship and its own rent comps. We ask that question before a package goes out. The office that arranges the file is still 7373 E Doubletree Ranch Rd #255, Scottsdale, AZ 85258. There is no Tucson street address for this firm.
Stabilized Tucson apartments that fit an agency program should be read that way. We are not a Fannie Mae DUS lender. The life-company card is the one we can show, and it is on Tucson multifamily.
What a Tucson bank quote is for
Owner-occupied commercial buildings, a smaller medical or industrial bay, and a sponsor who will sign recourse are the fit. Investment property can be a bank loan too when life company or CMBS is the wrong box. We will say which.
The city hub is Tucson. Statewide portfolio debt is Arizona bank. Phoenix is Phoenix bank.
Tucson capital we compare with a bank
| Source | When it fits |
|---|---|
| Arizona bank | Statewide. Tucson is Pima County, not a Maricopa footnote. |
| Life company | The published Tucson multifamily loan. Not a bank. |
| Tucson office | Office dollars on the site name Chandler and Tempe, not Tucson. |
| Bank execution | We arrange and compare. We do not hold the loan. |