Multiple houses.

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

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