Out-of-State Developers Plan Thousands of Build-to-Rent Units in Metro Phoenix

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

Two out-of-state developers plan to build nearly 2,000 build-to-rent units across metro Phoenix — bringing a unique approach to the wildly popular niche that originated in Arizona and is taking the country by storm.

Palm Desert, California-based Family Development currently has nearly 1,000 units at some level of construction, while Atlanta-based Trilogy Investment Co. has plans to match that number.

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