Scottsdale developer embarks on new build-to-rent projects in Phoenix, Tucson

By Angela Gonzales | Phoenix Business Journal

Randy Bury, founder and president of Moderne Communities, is embarking on two build-to-rent projects in Arizona worth a total of $106 million.

The build-to-rent concept — which combines detached single-family rental units built within a highly amenitized community — started in Arizona and is quickly catching on across the nation.

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