Built-to-rent communities find rapid success in Phoenix
ASU expert says the future of built-to-rent communities may depend on Arizona regulations and political environment.
In this story published Aug. 8, 2023, on Daily Independent:
You have to able to get the entitlements, the right to build these things. Is there a finite amount of available space for these to continue to grow at the rate they’ve been growing? Capital markets like them a lot, so you had a lot of money that moved into that segment. There was a lot of additional inventory added, it’s probably going to soften a little bit over the next year or two, and then pick back up again.
– Mark Stapp, executive director of the Master of Real Estate Development program and Fred E. Taylor professor of real estate
Latest news
- Cheapest car insurance in Arizona
An ASU economics expert discusses whether it's fair for insurance companies to set higher…
- ASU hosts small-business ecosystem summit
An ASU supply chain management expert discusses the importance of small and medium businesses…
- 12 Ranked US EMBA programs under $115k in 2024
Alum Shane Speirs (MBA '21) discusses pursuing his MBA at W. P.