Highland Park is a 70-unit, class C, garden style apartment complex located in Phoenix, Arizona. The property was originally built in 1974 and has a unit mix consisting of one and two-bedroom units. Amenities include a pool and spa, a playground, and on-site laundry facilities.

The property was acquired by the borrower, an experienced private investor, in 2010 in a short sale. Tower Capital aided the borrower in securing a long-term, fixed-rate loan, secured from Freddie Mac. The $3,320,000 loan (71% LTV) allows the borrower to refinance the existing debt on the property and to cash out their initial equity investment.