Talos Holdings is bold on what 2023 will deliver. Our experience, having been through several economic cycles tells us those who keep their shoulder to the wheel get well rewarded.
Current Top Investment Opportunity in North Scottsdale
North Scottsdale Opportunity/Entitled and zoned:
Talos has an opportunity to purchase an off-market deal in North Scottsdale, that would need to close by March 1st 2023, $47M/$100k per door, approximately 25 acres for 467 units, 362 units of 3 story units and 4 story units with a surface park and 100 units of single family for rent casitas. The property is being developed so it can be sold individually or together.
We are looking for a partner that would take down the land with us by March 1st 2023, and be our equity partners for the development. The site will be zoned and entitled when purchased and full construction permits will be completed 6-8 months post land closing.
UPDATE: Talos sold a $31M shovel- ready site in Glendale, AZ, originally purchased with the intention to develop.
The 407-unit project was sold to an Oregon developer wanting to begin developing in Arizona. Horizontal Construction commenced in September 2022.
The ONE @ Mountain Vista
UPDATE: Finalized construction loan through Principal and confirmed Mezzanine financing agreement with Mount Auburn.
Horizontal construction will commence on January 25th, with the ribbon cutting taking place in early February. Talos is thankful for the great collaboration required to bring this project to market with the City of Mesa.
The ONE @ 101 & Scottsdale Road
UPDATE: Closed on land purchase for The ONE @ 101 and Scottsdale Road.
With this planned multi-use development from DMB, Talos will be developing 352 class A Multi-Family Units. A resident clubhouse, a resort-style Infinity edge pool, a World-Class fitness center, shared office space, a fun dog park, covered parking, and breathtaking mountain views.
The ONE @ 101 & Bell Road
UPDATE: Talos announces equity partnership with Carter Funds and construction partnership with Tynes Development as the project enters the next development phase.
This community is a destination location for Glendale and the surrounding areas. It is nestled within the best retail in the Northwest Valley, including Costco, Wal-Mart, Sam’s Club, and Home Depot. Amenities include two resort style pools, a SkyDeck, a fitness center, dog park, dog wash, two open courtyards, and a sky lounge with great views of the surrounding mountains.
We are excited to share our progress on the seven new Class A multi-family properties in the greater Phoenix Metro area.
WE ARE HUMBLED TO BE DEVELOPING THESE SITES WITH OUR INDUSTRY-LEADING INVESTORS, GENERAL CONTRACTORS, CONSULTANTS AND COMMUNITY PARTNERS.