Scottsdale apartment developer pivots to new sector

By Angela Gonzales | Phoenix Business Journal

P.B. Bell, which has built 10 apartment communities totaling nearly 3,000 units across the Phoenix metro since 2019, is building its first build-to-rent project.

The Scottsdale developer has teamed up with Everest Holdings to develop Marketside Villas at Verrado in Buckeye. The total development cost for the 150-unit project is a little more than $50 million, said Justin Steltenpohl, chief operating officer and general counsel for P.B. Bell.

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September 24, 2024

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Scottsdale apartment developer pivots to new sector

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