Developer Suncrest Makes its First Move in Valley’s Fast Growing Build-to-Rent Sector

Article originally posted on Phoenix Business Journal on September 1, 2023

Phoenix-based Suncrest, which has developed 24 master-planned communities on 4,100 acres since 2016, has entered the wildly popular build-to-rent sector.

A newly created Zora Living brand is being unveiled at its first build-to-rent community in Phoenix.

Called Zora Encanto, the $33 million development will include 109 single-family rental homes on 10 acres at the southeast corner of 83rd Avenue and Encanto Boulevard in west Phoenix.

Read the complete article here: https://www.bizjournals.com/phoenix/news/2023/08/31/suncrest-expands-into-build-to-rent-sector.html