Class A Res Community in Mesa, AZ Refinanced with $92M Loan
JLL Capital Markets arranged a $92.1 million refinancing for Atlas Mesa, a 394-unit, Class A multifamily community in Mesa, Arizona. The property, delivered in 2025, is owned by a venture between The Dinerstein Companies and PCCP, LLC.
Located at 5818 E Baseline Road, just west of S. Sunview in one of Mesa’s fastest-growing corridors, Atlas Mesa provides direct access to major employment centers along with exceptional amenities. The four-story property offers a mix of studio, one-, two- and three-bedroom layouts with an average unit size of 991 square feet.
Brad Miner, Cameron Cureton, Drew Lydon, Justin Savoie, Andrew Pappas and Jack Kurschat with JLL Capital Markets Debt Advisory team originated the loan. It was funded through QuadReal Property Group, led by Brandon Bachner out of the firm’s Los Angeles office.
“This transaction reflects strong lender confidence in both the asset’s quality and the sponsors’ proven ability to execute rapid lease-up in one of the Southwest’s highest-growth rental markets,” said Miner.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout