More build-to-rent communities coming to South Phoenix

By Angela Gonzales | Phoenix Business Journal

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 from private individuals who invest $100,000 to $2 million per deal.

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