Large Image With Sidebar

Home > News > Large Image With Sidebar

06 May

Posted at 22:01h in Uncategorized

May 2022 Avenue North, which has been busy developing $200 million build-to-rent communities in south Phoenix, has launched a construction company to build projects for other developers and owners. The goal of this new third-party construction firm is to build 1,000 units a year, said Ryan Hartman, chief vision officer for Scottsdale-based Avenue North. It will operate as an affiliate of Avenue North. "We're interested in providing a service to...

18 Apr

Posted at 23:13h in Uncategorized

Apr 2022 Tower Capital arranged more than $20 million in non-recourse construction financing for Proximity 7th, a build-to-rent (BTR) multifamily community being developed by Avenue North real estate investments in Phoenix. The seven-acre property is located at 801 E. Euclid Avenue and will house an 84-unit BTR development that is expected to deliver first units in Q1 2023. “We remain bullish on the Phoenix market and are...

18 Dec

Posted at 23:11h in Uncategorized

Dec 2021 Avenue North, LLC acquired 4 acres at the northwest corner of 36th St & Southern Avenue in Phoenix, AZ.  The acquisition included 3 separate parcels and is located on Esteban Park. With access to downtown Phoenix, Tempe, Scottsdale, and Sky Harbor Airport, the property is ideally located for a new residential community.  Construction on a new residential community is anticipated to begin in early 2023. ...

30 Sep

Posted at 18:05h in Uncategorized

Sep 2021 Avenue North, LLC is proud to announce the $37,050,000 sale of Yardz on Cheyenne Apartments, a 184-unit property in North Las Vegas, NV.  The property was purchased in 2019. Built in 1984 and renovated in 2019, Yardz on Cheyenne offers a buyer a value-add opportunity through interior renovations. Previous renovations in 2019 focused on the exterior of the property. The property consists of 184 single story...

17 Aug

Posted at 01:04h in Uncategorized

August 2021 Arizona real estate firm Avenue North aims to start construction on a tract of single-family rental homes in North Las Vegas, renderings of which are seen here. (Courtesy Avenue North) An Arizona developer plans to break ground this year on a tract of rental houses in North Las Vegas, the latest competitor in this growing slice of the market. Avenue North founder Ryan Hartman told the...

24 Jul

Posted at 20:16h in Uncategorized

July 2021 The developer of this build-to-rent project in South Phoenix has $200 million in projects in the South Mountain area. Scottsdale-based Avenue North LLC has big plans to build more single-family rental communities in South Phoenix, where the company already has two projects underway. Plans call for investing $200 million into that South Mountain corridor, said Ryan Hartman, chief vision officer for Avenue North. Syndicate financing comes...