PHOENIX, Arizona—Harmony Summit Capital organized a $12.2 million building mortgage for a brand new ECHO Suites Extended Stay by Wyndham at Chandler Airport Middle, positioned steps from Chandler Municipal Airport and minutes from the enterprise hall within the Phoenix MSA.
The four-story, 124-room mission marks the second ECHO Suites Prolonged Keep in Arizona to be financed by Harmony Summit on behalf of The Sandpiper Group of Firms. Final yr, Harmony Summit secured financing for an ECHO Suites mission in close by Peoria.
“Working with Harmony Summit once more allowed us to safe favorable mortgage phrases that align with our growth technique and speed up our potential to increase the ECHO model in high-demand markets like Chandler,” mentioned Carter Rise, founder and chief govt officer of Sandpiper.
Harmony Summit’s Robert Horton, John Choi, and Connor Martz structured the financing.
“Delivering sturdy mortgage phrases for repeat shoppers is central to our mission,” mentioned Horton. “Chandler Airport Middle is a primary location that mixes sturdy company demand drivers, a rising residential base, and direct airport proximity. It’s a pure match for an extended-stay model that continues to outperform the broader hospitality market.”
