November 5, 2024 4:36 pm
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Rapid growth continues for American Residential, except in Phoenix

American ResidentialBy Kristena Hansen | Phoenix Business Journal

While rental home giant American Residential Properties Inc. (NYSE: ARPI) has seen explosive growth this past year, it is yet another investor to shy away from buying in metro Phoenix. The Scottsdale-based real estate investment trust ended the first quarter with 6,762 rental homes across 13 states under its management — more than two-and-a-half times more than year ago.

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If you’d like to discuss real estate matters, contact Rose Law Group founder Jordan Rose, jrose@roselawgroup.com

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© 2024 Rose Law Group Reporter

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.