Scottsdale firm launches capital raise to build rental homes

Photo via Tricor LLC

By Angela Gonzales | Phoenix Business Journal

Scottsdale-based Tricor LLC is preparing to launch a $156 million capital raise to fund the construction of 1,000 single-family rental units across the country.

Its new-build division is focusing on build-to-rent projects, where detached, single-family homes are built in a community with shared amenities.

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