Arizona developer Empire Group has refinanced Village at Sonoran Vista, a newly completed single-family rental community in Phoenix, with a $65.5 million loan from Värde Partners.
The three-year, floating-rate financing includes two one-year extension options. The transaction covers the 240-unit property, which was completed in January 2026 in the Deer Valley area of Phoenix.
Single-family rental communities combine detached-home living with professionally managed rental operations, making them a distinct segment within the broader multifamily and residential investment market.
The refinancing provides long-term capital for a recently delivered Phoenix asset, according to Commercial Observer's report on the transaction.
