A glut of apartment units forced management companies and owners to sell assets during the economic downturn, but now luxury brands Mark-Taylor Residential Inc. and Trillium Residential are bringing new developments to the market.
Read the rest of the article here: Phoenix Business Journal luxury apartment developers story
Mark-Taylor Inc. in Scottsdale (Jeff Mark, Scott Taylor, principals) plans to build just under 1,000 new apartment units in three projects located in Chandler, Tempe and Scottsdale. Two of the communities planned in Chandler and Tempe, which account for 607 units, will be developed in ventures with Kitchell Development Co. in Phoenix (Jeff Allen, pres.).