November 24, 2024 11:45 am
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Scottsdale apartment investor kicks off plan to grow portfolio to 25K units

A rendering of a $39.6 million apartment community being planned by a Scottsdale-based multifamily investor, developer and manager. (MC COS.)

(Disclosure: Rose Law Group represents The Place at Camino A Lago.)

By Angela Gonzales | Phoenix Business Journal

Celebrating its 20th anniversary this year, Scottsdale-based MC Cos. has big plans on its drawing board.

In honor of its 20th anniversary, the company is launching Operation 25K, an initiative to grow the MC portfolio to 25,000 units by 2029 and nearly double the company’s staff to more than 400 employees over the next two years. The company currently employs 240 people and owns and operates about 7,000 units within 28 apartment communities in Arizona, Texas and Oklahoma.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.