Capital Square and Sunstone Two Tree Begin Construction on Single-Family Build-For-Rent Community Near Phoenix
"Capital Square is pleased to break ground on the development of a single-family rental community in Glendale," said Louis Rogers, founder and co-chief executive officer of Capital Square.
- "Capital Square is pleased to break ground on the development of a single-family rental community in Glendale," said Louis Rogers, founder and co-chief executive officer of Capital Square.
- The 320-unit community will include 102 detached single-family homes, averaging 1,655 square feet, and 218 townhomes averaging 1,257 square feet.
- "Given today's challenging capital markets environment, we are especially pleased to close on this well-located property and begin construction within such a short amount of time," said Scott Maddux, president of Sunstone Two Tree.
- In addition to its work in Phoenix, Sunstone Two Tree has acquired or developed thousands of rental units across the country.