Arcadia BTR development receives national acclaim

Photos courtesy of MODUS Companies

BY MALLORY GLEICH | Arizona Foothills Magazine

The National Multifamily Housing Council (NMHC) recently reported that multi-family housing has been one of the fastest-growing segments of the U.S. real estate market.

With new build-to-rent (BTR) developments popping up throughout Arizona, one community – Arcadia View Lofts in Phoenix, which was built by Net Zero Energy real estate developer MODUS Companies – was just named the Grand Winner of the BTR category in the 2024 Multifamily Executive Awards.

The MFE Awards spotlight the industry’s top people, projects, and programs. Out of over 200 nominations, judges select 14 grand and 11 merit winners in 14 categories. New this year is the build-to-rent category, reflecting the growing sector around the nation.

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