ABI Multifamily: Phoenix Metro Apartment Construction Pipeline 1Q 2015

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John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa 4715 N. 32 nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com

Transcript of ABI Multifamily: Phoenix Metro Apartment Construction Pipeline 1Q 2015

John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com

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Recently Completed (Past 12 Months)

Total # of Units: 3,921Total # of Properties: 16

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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com

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John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa

Address Units Completion Date Developer

1 Camden Foothills 18245 North Pima Road, Scottsdale, AZ 85255 220 1/13/2015 Camden Property Trust

2 Liv Northgate 455 South Recker Road, Gilbert, AZ 85296 254 12/16/2014 Investment Property Associates

3 Avilla San Marcos I 901 South Alma School Road, Chandler, AZ 85224 112 10/17/2014 Alta Vista Communities

4 Liv North Scottsdale 15509 North Scottsdale Road, Scottsdale, AZ 85254 240 10/16/2014 Investment Property Associates

5 Elan at Desert Ridge 21155 North 56th Street, Phoenix, AZ 85054 370 10/14/2014 Greystar Real Estate Partners

6 Jefferson at One Scottsdale 7355 East Thompson Peak Pkwy, Scottsdale, AZ 85255 388 9/9/2014 TDI Real Estate

7 Vive Distinctive Living 1901 West Germann Road, Chandler, AZ 85286 194 9/9/2014 P.B. Bell Companies, The

8 CityScape Residences 11 South Central Avenue, Phoenix, AZ 85004 225 8/29/2014 Red Development

9 San Capella 1155 West Elliot Road, Tempe, AZ 85284 384 8/29/2014 Mark-Taylor

10 Elevation Chandler 2300 West Pecos Road, Chandler, AZ 85224 163 8/26/2014 Vedura Residential

11 Highland Groves at Morrison Ranch 105 North Beebe Street, Gilbert, AZ 85234 228 7/29/2014 P.B. Bell Companies, The

12 Cactus 42 4242 East Cactus Road, Phoenix, AZ 85032 200 7/24/2014 Southwest Next/Cachet Homes

13 Broadstone Lincoln 7100 East Lincoln Drive, Scottsdale, AZ 85253 264 6/23/2014 Alliance Residential Company

14 Indigo 16160 South 50th Street, Phoenix, AZ 85048 100 6/6/2014 Goodman Real Estate

15 Avenue 25 18250 North 25th Avenue, Phoenix, AZ 85023 254 4/25/2014 NextGen Apartments

16 SkySong 1301 North Scottsdale Road, Scottsdale, AZ 85257 325 4/25/2014 Arizona State University Foundation

RECENTLY COMPLETED (PAST 12 MONTHS) 3,921

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Under ConstructionTotal # of Units: 13,321Total # of Properties: 56

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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa

Address Units Permit Date Developer

1 Escobedo Park 200 East University Drive, Mesa, AZ 85201 62 12/1/2014 Gorman & Company

2 El Rancho del Arte 719 East Main Street, Mesa, AZ 85203 66 8/14/2014 Community Development Partners

3 9920 Phase II 9920 West Camelback Road, Phoenix, AZ 85037 68 9/1/2014 Kuljit Grewal

4 University House Phase II 323 East Veterans Way, Tempe, AZ 85282 72 5/1/2014 University House Communities

5 Virginia on 3rd 333 East Virginia Avenue, Phoenix, AZ 85004 74 2/20/2015 Native American Connections

6 Arcadia Gardens 3101 North 32nd Street, Phoenix, AZ 85018 76 4/1/2014 US Investment Realty

7 Union at Roosevelt West Roosevelt Street & North 1st Avenue, Phoenix, AZ 85003 80 3/15/2015 Metro West Development

8 Santana Ridge SEC South Gilbert Road & East Markwood Drive, Chandler, AZ 85286 112 10/1/2014 Blank Property Group

9 Avilla Palm Valley 4178 North Falcon Drive, Goodyear, AZ 85395 125 9/30/2014 NexMetro Communities

10 Standard, The 6825 East Main Street, Scottsdale, AZ 85251 134 11/1/2014 Trinsic Residential Group

11 11 Capital Place NWC East Washington Street & South 11th Street, Phoenix, AZ 85034 140 10/15/2014 Epoch Properties

12 Avilla San Marcos II 900 South Alma School Road, Chandler, AZ 85224 145 1/15/2014 Alta Vista Communities

13 Park 28 4114 North 28th Street, Phoenix, AZ 85014 152 8/25/2014 Evergreen Development

14 12 Capital Place SEC East Washington Street & North 12th Street, Phoenix, AZ 85034 152 8/1/2014 Epoch Properties

15 Verde Dimora 2217 North Power Road, Mesa, AZ 85215 153 2/15/2015 Kauffman Homes

16 Las Aguas 6640 East McDowell Road, Scottsdale, AZ 85257 154 2/1/2015 Chason Properties

17 Cottages of Tempe, The 708 South Lindon Lane, Tempe, AZ 85281 159 10/1/2014 Capstone Companies

18 Place One Redevelopment 7045 North 7th Street, Phoenix, AZ 85020 171 9/1/2013 Antonio Aguilera

19 View at Cascade, The 18575 North Scottsdale Road, Scottsdale, AZ 85255 187 7/1/2014 P.B. Bell Companies, The

20 @51 1615 East Georgia Avenue, Phoenix, AZ 85016 191 4/1/2014 Smithfield Properties

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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa

Address Units Permit Date Developer

21 Aura on Broadway, The 1245 East Broadway Road, Tempe, AZ 85282 194 3/15/2015 CNL Growth Properties

22 Vertex 1050 South Terrace Road, Tempe, AZ 85281 213 2/24/2014 Blue Vista Capital Group

23 SEVEN 19800 North 7th Street, Phoenix, AZ 85024 216 2/15/2014 NextGen Apartments

24 Alta Scottsdale 8444 East Indian School Road, Scottsdale, AZ 85251 218 12/15/2013 Wood Partners

25 Place at Santana Village, The 7606 West Peoria Avenue, Peoria, AZ 85345 224 1/8/2015 Clark-Wayland Builders

26 Broadstone Sixteen 75 1675 East Morten Avenue, Phoenix, AZ 85020 225 2/1/2014 Alliance Residential Company

27 Camden Hayden 800 East Curry Road, Tempe, AZ 85281 234 11/1/2013 Camden Property Trust

28 Escape Modern Living NWC North 16th Street & East Highland Avenue, Phoenix, AZ 85016 244 6/15/2014 P.B. Bell Companies, The

29 Broadstone Waterfront 7025 East Via Soleri Drive, Scottsdale, AZ 85251 259 2/8/2013 Alliance Residential Company

30 SALT 260 East Rio Salado Pkwy, Tempe, AZ 85281 265 10/1/2014 OliverMcMillan

31 Elevation Central 4650 North Central Avenue, Phoenix, AZ 85012 266 5/12/2014 Vedura Residential

32 Crescent Scottsdale Quarter 15345 North Scottsdale Road, Scottsdale, AZ 85260 275 11/20/2013 Crescent Communities

33 Alta Paradise Ridge 18000 North 68th Street, Phoenix, AZ 85054 278 11/10/2014 Wood Partners

34 Optima Sonoran Village Phase II 6801 East Camelback Road, Scottsdale, AZ 85251 283 10/1/2013 Optima

35 Velaire at Aspera 7700 West Aspera Blvd, Glendale, AZ 85308 286 3/1/2015 P.B. Bell Companies, The

36 VELA at Town Lake 555 North College Avenue, Tempe, AZ 85281 290 2/6/2015 Transwestern

37 Alta Tempe 1260 East University Drive, Tempe, AZ 85281 296 12/15/2013 Wood Partners

38 San Privada 1480 East Pecos Road, Gilbert, AZ 85295 296 8/26/2013 Mark-Taylor

39 Trillium 44 111 North Dupont Circle, Phoenix, AZ 85034 297 5/15/2014 Trillium Residential

40 Alta Steelyard Lofts 353 South Washington Street, Chandler, AZ 85225 301 8/25/2014 Wood Partners

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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa

Address Units Permit Date Developer

41 Met at Fashion Center, The 3657 West Chandler Blvd, Chandler, AZ 85226 303 10/1/2014 HCW

42 Residences at Camelback 4900 North 44th Street, Phoenix, AZ 85018 312 8/1/2014 JLB Partners

43 Stetson, The 7350 East Stetson Drive, Scottsdale, AZ 85251 316 2/15/2014 Alliance Residential Company

44 Jefferson on Legacy 7340 East Legacy Blvd, Scottsdale, AZ 85255 322 2/3/2014 TDI Real Estate

45 Residences at Fountainhead Corporate Park2520 South Plaza Drive, Tempe, AZ 85282 322 1/10/2014 Goodman Real Estate

46 Skywater at Town Lake 601 West Rio Salado Pkwy, Tempe, AZ 85281 328 5/24/2013 Lennar Corporation

47 Hanover Mill Avenue 101 West 5th Street, Tempe, AZ 85281 341 12/15/2013 Hanover Company, The

48 56 North 21021 North 56th Street, Phoenix, AZ 85054 344 12/15/2013 Greystone Group

49 San Sonoma 9010 South Priest Drive, Tempe, AZ 85284 362 3/1/2014 Mark-Taylor

50 Moderne, The 4848 North Goldwater Blvd, Scottsdale, AZ 85251 367 4/1/2013 JLB Partners

51 Country Club Drive & Baseline Road2318 South Country Club Drive, Mesa, AZ 85210 372 12/28/2014 Mark-Taylor

52 Camden Chandler 2777 South Arizona Avenue, Chandler, AZ 85286 380 5/1/2014 Camden Property Trust

53 Scottsdale Road & Princess Drive6975 East Princess Drive, Phoenix, AZ 85054 388 6/15/2014 Mark-Taylor

54 Almeria at Ocotillo 2471 West Edgewater, Chandler, AZ 85248 389 3/1/2013 P.B. Bell Companies, The

55 Liv Ahwatukee 16025 South 50th Street, Phoenix, AZ 85048 402 4/15/2013 Investment Property Associates

56 San Travesia 7501 East McDowell Road, Scottsdale, AZ 85257 440 11/1/2013 Mark-Taylor

TOTAL 13,321

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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa

Address Units Permit Date Developer

1 La Mesita Phase III 2254 West Main Street, Mesa, AZ 85201 50 Planned A New Leaf

2 802 North 4th Avenue 802 North 4th Avenue, Phoenix, AZ 85003 50 Planned Canwood Enterprise

3 Landmark Senior 8280 North 59th Avenue, Glendale, AZ 85302 52 Planned Native American Connections

4 Row, The East Roosevelt Street & North 2nd Street, Phoenix, AZ 85004 56 Planned Urban Development Partners

5 Oak Creek Redevelopment 801 West Turney Avenue, Phoenix, AZ 85013 60 Planned Momentum Brokers

6 3541 East Van Buren Street 3541 East Van Buren Street, Phoenix, AZ 85008 90 Planned Chicanos Por La Causa

7 Victory Place IV 9th Street & Jones Avenue, Phoenix, AZ 85040 96 Planned Cantwell - Anderson

8 1000 East Bell Road 1000 East Bell Road, Phoenix, AZ 85022 100 Planned Evergreen Development

9 El Caro Senior Residences 8025 North 21st Avenue, Phoenix, AZ 85021 102 Planned Charles S. Davis

10 Barrister Place SEC Central Avenue & Jefferson Street, Phoenix, AZ 85004 114 Planned P.B. Bell Companies, The

11 Proxy 333 SWC North 4th Street & East McKinley Street, Phoenix, AZ 85004 118 Planned Goodman Real Estate

12 8221 North 23rd Avenue 8221 North 23rd Avenue, Phoenix, AZ 85021 122 Planned WESCAP Real Estate Services

13 Frank Luke Family 675 North 16th Street, Phoenix, AZ 85006 130 Planned City of Phoenix Housing Department

14 San Travesia Phase II 7501 East McDowell Road, Scottsdale, AZ 85257 132 Planned Mark-Taylor

15 Concord Station NEC Cave Creek Road & Union Hills Drive, Phoenix, AZ 85024 140 Planned JTF Development Partners

16 Liv Northgate Phase II South Recker Road & East Warner Road, Gilbert, AZ 85296 148 Planned Investment Property Associates

17 District Lofts, The North Oak Street & West Cullumber Avenue, Gilbert, AZ 85296 164 Planned Colin Brown

18 Falcon Pointe at Pinelake SEC East Ocotillo Road & South Pinelake Way, Chandler, AZ 85249 176 Planned Jim Runner

19 West University Drive & South Ash AvenueNWC West University Drive & South Ash Avenue, Tempe, AZ 85281 187 Planned Alberta Development Partners

20 Broadstone Central 3450 North Central Avenue, Phoenix, AZ 85012 192 Planned Alliance Residential Company

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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa

Address Units Permit Date Developer

21 Ray Road NEC Ray Road & Arizona Avenue, Chandler, AZ 85225 192 Planned Palm Communities

22 Avilla Homes NEC West Warner Road & North Grace Blvd, Chandler, AZ 85225 194 Planned NexMetro Communities

23 Premiere at Dana Park SEC South Val Vista Drive & East Hampton Avenue, Mesa, AZ 85204 198 Planned PCS Development

24 16th Street & Colter Street 16th Street & Colter Street, Phoenix, AZ 85016 200 Planned Van Trust Real Estate

25 South MacDonald & West 2nd AvenueSouth MacDonald & West 2nd Avenue, Mesa, AZ 85210 200 Planned Cardinal Capital Management

26 Wigwam North Litchfield Road & West Village Pkwy, Litchfield Park, AZ 85340 200 Planned JDM Partners

27 North North Valley Pkwy & Norterra PkwyNorth North Valley Pkwy & Norterra Pkwy, Phoenix, AZ 85085 202 Planned Clark-Wayland Builders

28 Pony Acres 1847 East Apache Blvd, Tempe, AZ 85282 204 Planned Avenue North

29 Aura on Indian School NWC 20th Street & East Indian School Road, Phoenix, AZ 85016 220 Planned Trinsic Residential Group

30 Alta Fillmore SEC North 7th Avenue & West Fillmore Street, Phoenix, AZ 85007 220 Planned Wood Partners

31 Santana Canyon NWC 99th Avenue & Lower Buckeye Road, Phoenix, AZ 85353 220 Planned Clark-Wayland Builders

32 Terrace & Apache SEC South Terrace Road & East Apache Blvd, Tempe, AZ 85281 225 Planned Helix Properties

33 San Sonoma Phase II 9010 South Priest Drive, Tempe, AZ 85284 228 Planned Mark-Taylor

34 DC Heights 201 West Commonwealth Avenue, Chandler, AZ 85225 250 Planned Gardner Real Estate Company

35 Park West NEC North 99th Avenue & West Northern Avenue, Peoria, AZ 85345 254 Planned Howard Hughes Corporation, The

36 Jefferson Town Lake North Scottsdale Road & East Playa Del Norte Drive, Tempe, AZ 85281 256 Planned TDI Real Estate

37 Gilbert Civic Center SEC East Warner Road & South Civic Center Drive, Gilbert, AZ 85296 256 Planned Alliance Residential Company

38 7215 East Silverstone Drive 7215 East Silverstone Drive, Scottsdale, AZ 85255 262 Planned Mark-Taylor

39 Phoenix Ballpark 421 South 3rd Street, Phoenix, AZ 85004 275 Planned Granite Capital Investments

40 Clayton, The 3015 North Scottsdale Road, Scottsdale, AZ 85251 278 Planned Connell Company, The

Property Name

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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa

Address Units Permit Date Developer

41 Broadstone Arts District NEC East McDowell Road & North Alvarado Road, Phoenix, AZ 85004 280 Planned Alliance Residential Company

42 Sunrise Commons 15333 North Hayden Road, Scottsdale, AZ 85260 282 Planned Sunrise Company

43 McClintock & Chandler Luxury NEC Chandler Road & McClintock Road, Chandler, AZ 85226 283 Planned Lennar Corporation

44 Trillium 101 20350 North 7th Avenue, Phoenix, AZ 85027 295 Planned Trillium Residential

45 Grove at 1000 East Apache, The 1000 East Apache Blvd, Tempe, AZ 85281 326 Planned CA Ventures

46 202 Cooper Place 1500 South Cooper Road, Chandler, AZ 85286 332 Planned NextGen Apartments

47 Broadstone Fashion Center SWC West Frye Road & South Price Road, Chandler, AZ 85224 335 Planned Alliance Residential Company

48 SouthBank at Town Lake 1450 East Vista Del Lago Drive, Tempe, AZ 85281 358 Planned Wolff Company, The

49 Muse, The NWC North Central Avenue & West McDowell Road, Phoenix, AZ 85003 360 Planned Lennar Corporation

50 Senna at Santan Village SWC East Ray Road & Santan Village Pkwy, Gilbert, AZ 85295 366 Planned LWI Properties

51 Lake Country Village 1030 East Baseline Road, Tempe, AZ 85282 367 Planned JLB Partners

52 Agave Residential 3300 North Scottsdale Road, Scottsdale, AZ 85251 370 Planned JLB Partners

53 Southern Avenue Villas SWC West Southern Avenue & South Extension Road, Mesa, AZ 85210 378 Planned Management Support

54 Sunrise at Chandler 23601 South Arizona Avenue, Chandler, AZ 85248 392 Planned Sunrise Company

55 Hayden at Dorsey Station, The Apache Blvd & South Dorsey Lane, Tempe, AZ 85281 395 Planned Lennar Corporation

56 Biltmore Club Redevelopment 4640 North 24th Street, Phoenix, AZ 85016 480 Planned Gray Development Group

57 Noria at Chandler Airpark SEC East Germann Road & South McQueen Road, Chandler, AZ 85286 483 Planned Robson Communities

58 Blue Sky 4649 North Scottsdale Road, Scottsdale, AZ 85251 496 Planned Gray Development Group

59 Studio City Lofts 2005 North 103rd Avenue, Avondale, AZ 85392 500 Planned Heers Development

60 San Valencia NWC East Germann Road & South Oxford Lane, Chandler, AZ 85286 556 Planned Mark-Taylor

61 Optima Center Kierland 15440 North Scottsdale Road, Scottsdale, AZ 85254 700 Planned Optima

62 Grand at Papago Center, The SWC North Priest Drive & West Washington Street, Tempe, AZ 85284 800 Planned Papago Park Center

TOTALS 15,947

Property Name

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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa