Ideally located near the Scottsdale Quarter, San Bellara takes traditional apartment living to the next level. Mark-Taylor Residential, Arizona’s leading developer, owner, and investment manager of multifamily communities, is proud to announce the grand opening of San Bellara, the newest development in their management portfolio. This community is their second development on … [More]
258-Unit Multifamily Community Opens in Tolleson
Evergreen Devco, Inc., a leading retail and multifamily development company, opens a 258-unit, multifamily community located at 89th Avenue and McDowell Road in Tolleson. “Parc Tolleson offers the perfect combination of contemporary design and urban touches.” said Matt Evans, regional president of Arizona multifamily at Evergreen Devco. “This 258-unit garden-style community … [More]
Investment Co. Partners on an 84-unit Build-to-Rent Project in Phoenix
Trilogy Investment Company, a leading national provider of Build-To-Rent housing communities, has created a strategic joint venture partnership with Cimbra Partners LLC (through its subsidiary Cimbra Investors Encanto, LLC) and has closed on seven (7) acres of land at the corner of Encanto Blvd. and N. Avondale Blvd. in Avondale, AZ. The 84-unit townhome community … [More]
California Builder Plans Two New Luxury Lease Communities in Litchfield Park and Goodyear
Family Development, one of the country’s premier homebuilders with a multitude of projects throughout the Southwest, has announced plans to build two new luxury lease communities in Arizona: Villas Litchfield Park and Villas Goodyear. Construction will commence in February with both projects expected to be completed in 2024. Villas Litchfield Park is being financed by Old … [More]
REIT to Acquire First Property, 20-Unit Apartment Building in Mesa
Neighborhood Ventures announced that Neighborhood Ventures Real Estate Income Trust (“NV REIT” or “the REIT”) has entered into a definitive agreement to acquire its first property, Venture on Williams. The acquisition will be through an equity buyout valued at $5 million or $250,000 per unit, which implies a 5.5% forward twelve-month cap rate. Venture on Williams, a 20-unit … [More]
Homebuilder Closes on 65 Homesites and Breaks Ground on 681 New Homes in Goodyear
Landsea Homes, a publicly traded residential homebuilder, announced today it has closed on 65 homesites and construction will begin immediately on a new neighborhood called Solvida in the Estrella master planned community in Goodyear, Arizona. The company has also broken ground on 616 new homes at Citrus Park with model home construction beginning later this … [More]
Goodyear Luxury Three- and Four-Bedroom Detached Rental Home Community Opens
Mark-Taylor Residential, Arizona’s leading investment manager of luxury multifamily communities, introduces BB Living at Civic Square to its esteemed portfolio. In partnership with developer BB Living, these newly completed, detached rental homes boast premium features many renters are seeking in today’s market. BB Living at Civic Square, located at 15125 W Oak St. in … [More]
Commercial Real Estate Trends to Look Out for in 2023
The year 2023 could be a challenging one for the commercial real estate industry, with the combination of market volatility, high inflation and interest rate hikes. Not to mention, the latter half of 2022 brought instability to the U.S. economy, causing hesitation and anxiety in consumers and investors. With the rise in real estate prices and the prospects of another looming … [More]
Optima: LEEDing the Way in Sustainability and Conservation
Optima, an award-winning real estate development firm, recently announced plans to move ahead with its next Arizona residential development, Optima McDowell Mountain Village, in North Scottsdale after receiving the city’s approval for the $1-billion sustainable mixed-use community. Breaking ground spring/summer 2023, the 22-acre site, located on the southeast corner of … [More]
Active Adult Living Community Breaks Ground in North Phoenix
Liv Communities, a seasoned provider of luxury apartment homes, has entered the 55+ market with its recent groundbreaking of an age-qualified community in the Norterra area in North Phoenix. The upscale community, Liv+ Union Peak, on 21st Avenue north of Happy Valley Road, will boast 145 units and will be ready for occupancy in late summer/early fall of 2024. Active adults can … [More]
