Paragon Development Group pivots to hybrid rental homes

(Disclosure: Rose Law Group represents Paragon Development Group.)

By Angela Gonzales | Phoenix Business Journal (Photo via Paragon Development Group.)

Once known for building office condos, Chandler-based Paragon Development Group is pivoting to enter the rapidly growing build-to-rent residential market that features single-family detached rental homes within a resort-like community.

Plans call for investing $200 million to build 1,000 units in metro Phoenix, said Bruce Dunn, president of Paragon Development.

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