A dream doesn’t become reality through magic;
it takes sweat, determination and hard work.
Colin Powell
Apr 15, 2015, 2:34pm MST Mike Sunnucks Senior Reporter-Phoenix Business Journal
A Phoenix-based company had most apartment starts in the U.S. in 2014, according to a new ranking by an industry group.
Alliance Residential Co. had 7,500 apartment starts last year and has 11,000 units under construction.
That earned the Phoenix company the top ranking among U.S. apartment developers by the National Multi-Housing Council.
Alliance has a number of existing and new developments in Phoenix and Scottsdale. It has 80,000 units and a $9 billion portfolio under management.
“We opened new markets with our first starts in Nashville and New Jersey, and opened our 34th U.S. office location in Boston, said Jay Hiemenz, Alliance president and COO. “We started roughly 7,500 units, representing our best production year since inception in 2000, and currently have 11,000 units under construction, with about as many in the pipeline.”
Some other players in Arizona’s real estate sectors also placed on NMHC. Wood Partners LLC was third, Lennar Multifamily Communities fifth, Trammell Crow Residential seventh and Lincoln Property Co. 10th.
Mike Sunnucks writes about residential and commercial real estate, government, law, sports business and workplace issues.
I am actively looking to build relationships with Real Estate Investors and Owner / Users for Phoenix – Scottsdale – Tucson – Maricopa County – Pima County – Pinal County – Cochise County – Santa Cruz County –Yavapai County – Gila County – Arizona , USA
Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
1
Timeline of Phoenix, Arizona history
http://en.wikipedia.org/wiki/Timeline_of_Phoenix,_Arizona_history
2
http://en.wikipedia.org/wiki/Phoenix,_Arizona
3
Facts of Arizona – year 1848 to 2013
http://walter-unger.com/?p=9507
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I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. I am also a commercial land specialist in Phoenix and a Landspecialist in Arizona. If you have any questions about Commercial / Investment Properties in Phoenix or Commercial / Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us.
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Walter Unger CCIM
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