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
- Tariff engineering: The legal way companies avoid paying higher import taxes
Strategies like tariff engineering benefit companies but hurt consumers, says an ASU economics…
- AI in business master's degree gave Melisa Hasan confidence to pursue her dream career
The Master of Science in Artificial Intelligence in Business (MS-AIB) is designed not only for…
- Chandler partners with ASU for long-term economic vitality study
W. P.