The developer plans to replicate his model around the country. phoenix
has served in top positions at several developers, helping them fine tune their build-to-rent strategies.
In May, he bought 20.2 acres at 1300 N. Burris Road in Casa Grande for $2.1 million from the Keeling Family Partnership, securing financing from Atlanta, Georgia-based Nysa Capital LLC. Larson plans to invest about $56 million to build 240 rental units, along with resort-like amenities, at the community named The Element at Casa Grande.
Upon city approval, Larson expects to break ground during the fourth quarter and finish 24 to 26 months later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: