By Angela Gonzales | Phoenix Business Journal
California-based Family Development and Phoenix-based Mosaic have teamed up to develop a $69 million build-to-rent community in Gilbert.
Called Town Germann, the 209 luxury townhomes will range from 1,193 to 1,379 square feet, with monthly rental rates expected between $2,600 and $2,900. The 14.5-acre gated community will be highly amenitized, including a resort pool and spa, clubhouse, dog park, hammock park and ramada for yoga classes.
Read the full subscription story from the Phoenix Business Journal.