Highrail at Rita Ranch, a 189-unit Class A multifamily development located in the fast-growing Rita Ranch submarket of Tucson, Arizona. MC Companies is raising $18.7 million in equity for this project, with a minimum investment of $100,000. This offering is structured as a 506(c) and is available to accredited investors only.
Strategic Advantages:
– Significant Sponsor Commitment: MC Principals are investing $4.525 million of their own capital alongside investors, further aligning interests.
– Favorable Timing: The project is positioned to deliver into a constrained 2026–27 supply window, as national multifamily starts have dropped to roughly half of their 2022 peak.
Institutional-Quality Design: Class A community with modern floor plans, upscale amenities, and premium finishes aimed at attracting high-income renters with lower turnover and maintenance costs.
– Stabilized, Cash-Flowing Asset: Backed by a seasoned operator with a strong lease-up track record in Tucson, the project is expected to generate consistent cash flow upon stabilization.
– Eliminated Refinance Risk: HUD 221(d)(4) construction-to-permanent financing is locked in at a 40-year fixed term (~6.0%), removing interest rate risk and ensuring long-term capital stability.