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1978. John Travolta and Olivia Newton-John made black leather jackets and poodle skirts cool again in “Grease.” “Fantasy Island” premiered on ABC-TV. President Jimmy Carter was in office. The cost of a new car was roughly $4,800. And, Greg Hancock began his first Phoenix home-building company late that year, selling new homes for $35,500.
Now celebrating 40 years in the homebuilding business, Greg Hancock’s company has a new name, Hancock Builders, and an innovative new rental home model that’s designed for the way people live today. If fact, after constructing more than 25,000 single-family homes across 150 communities throughout the Valley, Hancock Builders is now one of the state’s premier builders of multi-family rental communities, with 4,000 units planned, including 10 communities and more than 1,300 units completed or currently under construction. These detached, single-level luxury rental homes feature one- and two-bedroom layouts, ranging from 635 to 1,250 sq.-ft., and are designed to resemble single-family homes, right down to the large private backyards. Plus, enjoy smart home technology traditionally only available to luxury single-family homebuyers, including keyless entry, doorbell cameras, light controls, thermostat, motion detector and security systems-all controlled via a mobile app (select locations). Not to mention, beautiful resort-like community amenities, including swimming pools, lush parks, high-speed fiber-optic Internet and more.