![\"One-Camelback-Rendering-News-GWS-image\"](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/12\/one-camelback-rendering-news-gws-image.jpg\")
\n Sale and Construction Completion Financing Secured for One Camelback<\/p>\n
\n Sale and Construction Completion Financing Secured for One Camelback<\/p>\n
Phoenix, AZ<\/a> \u2013 December 3, 2025 \u2013 Cushman & Wakefield announced today that the real estate services firm advised on the sale and arranged the acquisition and construction completion financing for One Camelback, a 163-unit luxury residential project at the prominent intersection of Central Avenue and Camelback Road in Phoenix\u2019s Uptown district.<\/p>\n A Cushman & Wakefield Equity, Debt & Structured Finance team<\/a>\u00a0of David Karson<\/a>, Megan Schmitt<\/a>\u00a0and Mitch Rothstein<\/a>\u00a0arranged the financing on behalf of Kinella Capital. Steven Nicoluzakis<\/a>\u00a0and David Fogler<\/a>\u00a0of Cushman & Wakefield\u2019s Multifamily Investment Sales group represented Kinella in the acquisition.<\/p>\n Post Road Group, a Stamford, CT\u2013based real estate investment firm, provided the capital solution supporting the project.<\/p>\n Long regarded as one of Phoenix\u2019s most closely watched redevelopment efforts, One Camelback reached substantial completion before construction paused. With the sale and capitalization, new ownership is advancing the project through the final stage of development and reclaiming its position as Uptown\u2019s only luxury residential high-rise.<\/p>\n \u201cThis transaction is a milestone for Phoenix\u2019s multifamily market and a testament to our client\u2019s discipline and vision,\u201d said Schmitt. \u201cAdvancing a project of this scale required close coordination across multiple counterparties and structuring a tailored capital solution calibrated for completion. With its architectural pedigree, elevated amenities and walkable location, One Camelback reestablishes its role as a flagship address along Camelback Road and stands as a true luxury asset for the area. This investment brings a long-standing vision to life with renewed momentum.\u201d<\/p>\n Phoenix-based Kinella Capital, led by TK Stratton, specializes in acquiring and completing complex development efforts, including stalled, lender-owned and distressed assets, and has stabilized numerous luxury multifamily projects in similar stages across Arizona. Kinella Construction holds both a KB1 General Contractor license and an A1 engineering license, providing in-house construction management and the technical depth required for sophisticated execution. Stratton\u2019s two decades owning and operating Stratton Restoration, one of Arizona\u2019s leading property restoration firms, further strengthen the firm\u2019s construction-led platform and uniquely positions Kinella to advance One Camelback through the final stage of development.<\/p>\n Upon completion, the property will feature 163 luxury residences averaging 980 square feet, along with 10,725 square feet of ground-floor retail and a five-level subterranean parking garage. Residences will offer floor-to-ceiling windows with panoramic city and mountain views, 10.5- to 11-foot ceilings, exposed concrete finishes, quartz waterfall-edge kitchen surfaces, stainless steel appliances, spa-quality bathrooms, walk-in closets with custom built-ins, smart-home technology and in-unit washers and dryers. <\/p>\n","protected":false},"excerpt":{"rendered":"Sale and Construction Completion Financing Secured for One Camelback Phoenix, AZ \u2013 December 3, 2025 \u2013 Cushman &…\n","protected":false},"author":2,"featured_media":337735,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[23,3,21,19,22,20,25,24],"class_list":["post-337734","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-states","tag-america","tag-news","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/337734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=337734"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/337734\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/337735"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=337734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=337734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=337734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}