The Salt River Pima-Maricopa Indian Community is a federally recognized tribe. Its land includes the Loop 101 corridor where Talking Stick Resort, the casino, golf, retail pavilions, and some office buildings sit. Visitors use Scottsdale street addresses. The landlord on a commercial site is often the Community, or an entity of the Community, under a ground lease. Capital Market Funds is not that landlord, not the tribe, and not a broker for tribal land sales.
A fee-simple Scottsdale office building and a leasehold at Talking Stick are different files. The first is a deed. The second is a contract that lets the tenant occupy and improve land the tenant does not own in the usual way. We can arrange a conversation with capital sources that will look at leasehold collateral. We cannot tell you that a given lease is financeable. That judgment belongs to the lender’s counsel and to yours. The city page sponsors still use for nearby Scottsdale property is Scottsdale.
What a ground lease changes, in plain terms
On a ground lease, the lender is looking at the lease and the building, not at a warranty deed to the dirt. Typical questions are how many years remain, whether the lease can be pledged, what happens if the tenant defaults, and who has to approve a loan. Those answers are in the lease and in the Community’s process. They are not on this website. We do not state a required term, a Bureau of Indian Affairs step, or a court outcome, because those depend on the parcel and the documents.
Bring the lease, a summary your lawyer is willing to stand behind, and the rent roll for the improvements. If you do not have the lease yet, the file is not ready. Public indexes on the rates and calculator are not a Talking Stick quote.
Resort, retail, and office are still different rent rolls
Talking Stick Resort is a hotel. Casino and entertainment operations are not the same collateral as a shop lease at the pavilions, and an office suite at a project such as Riverwalk is not a hotel room. Name the building. Hospitality notes are on Arizona hospitality. Retail notes are on Arizona retail. The markets list is Markets.
We arrange the senior loan from the Scottsdale office when a capital source will consider the leasehold. Arizona bank financing is the portfolio comparison for a smaller building, and only if that bank will accept the collateral. Many banks will not. That is a credit decision, not a promise from this page.
Talking Stick: where the address sits
- Community land along Loop 101
- Talking Stick Resort and the commercial sites around it are associated with the Salt River Pima-Maricopa Indian Community along Loop 101. Scottsdale addresses are common. The Community, not Capital Market Funds, controls its land. Financing questions start with whether the site is a ground lease. Salt River Pima-Maricopa Indian Community
Capital that will look at a Talking Stick leasehold
| Source | When it fits |
|---|---|
| Hospitality | The resort is a hotel conversation, separate from a shop lease. |
| Retail | Pavilion and shop space, if the leasehold can be pledged. |
| Arizona bank | Only if a bank will actually consider the ground lease. We are not the bank. |
| Scottsdale | Nearby fee-simple Scottsdale buildings stay on the city page. |