Older Renters Seek Larger Rental Spaces in Metro Phoenix

Bob Weston, CFO of Phoenix-based owner–operator Alliance Residential, reports at the Urban Land Institute’s annual conference that the average renter’s age has gone up “at least five to seven years,” to the surprise of many developers. In response to this …

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Broadstone Midtown on Juniper Street nears completion

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Metro Phoenix Developers Seeing Older Renters, 3-Bedroom Demand

Developers are paying more attention to baby boomers as they plan multifamily housing projects. That was a key point shared during the Urban Land Institute’s annual conference in Phoenix. Phoenix-based Alliance Residential has more than 70,000 units in nearly 30 …

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Alliance Acquires Nine-Acre Site for a 261-Unit Luxury Apartment Community within the Atlas Master Development of Bryan-College Station, Texas

Alliance Residential Company, the nation’s largest multifamily developer and seventh largest multifamily manager, recently acquired more than nine acres in Bryan-College Station, Texas with plans to build a 261-unit, three-story luxury multifamily community.  Construction is anticipated to begin this spring …

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459-unit apartment complex on Preston Road, Broadstone Evoke, now pre-leasing for spring 2017

Broadstone Evoke is expected to open its office in mid-April and its first units in early May at 1025 Preston Road, Plano. The 459-unit, five-story apartment complex is pre-leasing for spring 2017 and offers one-, two- and three-bedroom units. Broadstone …

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