phoeix e otructio rooed mutifami roect 121 · 2021. 5. 24. · 275 heritage on dysart 120 276...

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Phoenix New Construction & Proposed Multifamily Projects 1Q21 Source: Yardi Matrix 1 mi 41 45 56 65 60 87 95 94 103 50 177 190 178 129 130 176 179 180 200 189 188 191 181 182 183 186 187 199 184 185 220 223 277 271 272 273 274 276 275 1 2 5 7 10 34 32 Lease-Up Under Construction Planned Prospective LEGEND ID PROPERTY UNITS 1 Grayson Place 296 2 Acero Algodon Center 458 5 Arise Litchfield Park 135 7 Mera City Center 193 10 Avilla Lago 120 32 Desert View 160 34 The Reserve at Westpark 116 Total Lease Up 1,478 41 Avari 354 45 Acero Glendale 352 50 Aviva Goodyear 288 56 Cabana on 99th 286 60 Hillstone Residences at Canyon Trails 240 65 The Bungalows at Camelback 325 87 Cabana on Encanto 286 94 Curve at Estrella Commons 64 95 Mera Goodyear 188 103 The Bungalows on Estrella 183 Total Under Construction 2,566 129 The Prescott at Park West 95 130 Village at Camelback Park 194 176 Avilla Grand 267 177 Avondale Station I 420 178 Avondale Station II 145 179 The Bungalows at Mountain Vista Ranch 339 180 Bungalows on Cotton Lane 336 181 Cabana on Bullard 334 182 Cascade Falls at CanyonTrails 288 183 Christopher Todd Communities on Cotton Lane 328 184 Christopher Todd Communities on McDowell 166 185 Crystal Cove 238 186 Hancock at Canyon Trails 261 187 Isola Goodyear 228 188 Sobremesa Villas 150 189 Solace at Ballpark Village 211 190 Village at the BLVD 185 191 Villas at Rancho TruGold 244 199 Sundance 200 200 Surprise Farms Villas 252 Total Planned 4,881 220 Desert River 50 223 North 107th Avenue & West Northern Avenue 74 271 Avondale Townhomes on Dysart 302 272 Cerro Vista 255 273 DeRosier Ranch 94 274 Hancock Communities 217 275 Heritage on Dysart 120 276 Nirvana at Harbor Shores 172 277 Rio Bonita 219 Total Prospective 1,503

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Page 1: Phoeix e otructio rooed Mutifami roect 121 · 2021. 5. 24. · 275 Heritage on Dysart 120 276 Nirvana at Harbor Shores 172 277 Rio Bonita 219 Total Prospective 1,503. ... 72 Enclave

Phoenix New Construction & Proposed Multifamily Projects 1Q21

Source: Yardi Matrix1 mi

41

4556

65

60

87

95

94

103

50

177

190

178

129

130

176

179

180

200

189

188

191

181182

183

186

187

199

184

185

220

223

277

271 272

273

274 276

275

1

2

5

7

10

34

32

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS

1 Grayson Place 296

2 Acero Algodon Center 458

5 Arise Litchfield Park 135

7 Mera City Center 193

10 Avilla Lago 120

32 Desert View 160

34 The Reserve at Westpark 116

Total Lease Up 1,478

41 Avari 354

45 Acero Glendale 352

50 Aviva Goodyear 288

56 Cabana on 99th 286

60 Hillstone Residences at Canyon Trails 240

65 The Bungalows at Camelback 325

87 Cabana on Encanto 286

94 Curve at Estrella Commons 64

95 Mera Goodyear 188

103 The Bungalows on Estrella 183

Total Under Construction 2,566

129 The Prescott at Park West 95

130 Village at Camelback Park 194

176 Avilla Grand 267

177 Avondale Station I 420

178 Avondale Station II 145

179 The Bungalows at Mountain Vista Ranch 339

180 Bungalows on Cotton Lane 336

181 Cabana on Bullard 334

182 Cascade Falls at CanyonTrails 288

183 Christopher Todd Communities on Cotton Lane 328

184 Christopher Todd Communities on McDowell 166

185 Crystal Cove 238

186 Hancock at Canyon Trails 261

187 Isola Goodyear 228

188 Sobremesa Villas 150

189 Solace at Ballpark Village 211

190 Village at the BLVD 185

191 Villas at Rancho TruGold 244

199 Sundance 200

200 Surprise Farms Villas 252

Total Planned 4,881

220 Desert River 50

223 North 107th Avenue & West Northern Avenue 74

271 Avondale Townhomes on Dysart 302

272 Cerro Vista 255

273 DeRosier Ranch 94

274 Hancock Communities 217

275 Heritage on Dysart 120

276 Nirvana at Harbor Shores 172

277 Rio Bonita 219

Total Prospective 1,503

Page 2: Phoeix e otructio rooed Mutifami roect 121 · 2021. 5. 24. · 275 Heritage on Dysart 120 276 Nirvana at Harbor Shores 172 277 Rio Bonita 219 Total Prospective 1,503. ... 72 Enclave

Phoenix New Construction & Proposed Multifamily Projects 1Q21

Source: Yardi Matrix2000 ft

3762

91

10492

96

97

102

8488

82

83

43

57

121132

136

137

224

227

286

288

240

241244

242

243

287

245

229

235

228

234

232

230

233

231

225

27

20

75

140

142

202

143

201

141

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS

20 Kenect Phoenix 320

27 Novel Midtown 345

Total Lease Up 665

37 The Fillmore 609

43 The Haverly 323

57 Millennium at Park Central 278

62 The Derby 222

75 The Rey 323

82 Adeline 379

83 City Center on the Park 209

84 Society Phoenix 330

88 St. Ambrose 241

91 Aspire Fillmore 256

92 Broadstone Portland 162

96 The Link PHX Phase II 204

97 Aura Central 251

102 One Camelback 163

104 Eco Phx 70

Total Under Construction 4,020

121 Alta Bluewater 216

132 Broadstone Uptown 284

136 4100 North Central Avenue 402

137 Palmcroft 74 74

140 Astra Phoenix 400

141 First McKinley at First Avenue and McKinley Street 385

142 Phoenix Central Station 573

143 The Ragsdale 268

201 Harmony at the Park One 120

202 Deck Park Vista Redevelopment 201

Total Planned 2,923

224 3250 West Indian School Road 81

225 Willowick 237

227 The Governor by Moderne 172

228 201 West Coolidge Street 218

229 333 East Mulberry Drive 104

230 4040 - 4060 North Central Avenue 100

231 C17 330

232 Camelback & Central 120

233 The Central Park 250

234 Omninet West 286

235 Pederson 100

240 334 North 4th Avenue 100

241 520 West Van Buren Street 243

242 6th & Garfield 309

243 Moon Tower 200

244 Society Phoenix Phase II 250

245 Union at Roosevelt Phase II 120

286 Harmony at the Park Two 115

287 The LINK PHX Phase III 156

288 The Presidential 84

Total Prospective 3,575

Page 3: Phoeix e otructio rooed Mutifami roect 121 · 2021. 5. 24. · 275 Heritage on Dysart 120 276 Nirvana at Harbor Shores 172 277 Rio Bonita 219 Total Prospective 1,503. ... 72 Enclave

Phoenix New Construction & Proposed Multifamily Projects 1Q21

Source: Yardi Matrix1 mi

42

46

90 69 70

100

81

52

53

122

123

120

133 135138

139

192

134

124

125

216217

218

219

221

222

282

226

236

237

238

239

246250 248

289

8

28

29

11

25

126

127

128

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS

8 ArLo 331

11 Escape at Arrowhead 324

25 Paradise @ P83 354

28 Parc Roundtree Ranch 275

29 Pearl Biltmore 470

Total Lease Up 1,754

42 Village at Pioneer Park 332

46 Zanjero 310

52 The Common 130

53 Banyan Washington 223

69 Bungalows at Westgate 193

70 Townhomes at Manistee Ranch 71

81 Avilla Magnolia 162

90 Mera Westgate 189

100 Village at Olive Marketplace 208

Total Under Construction 1,818

120 Paradise Valley Mall 347

122 The Hangar at Thunderbird 286

123 19 North 96

124 Landon Lux Lofts 62

125 Landmark on 67th 56

126 North 83rd Avenue & West Olive Avenue 189

127 59 Butler 96

128 Glen 91 296

133 40 East 71

134 Patriot Square 83

135 Urban Connected Phase II 50

138 Los Vecinos Phase II 50

139 Retreat at Tuscano 220

192 Zora Encanto 109

Total Planned 2,011

216 Harmony at Cactus 400

217 Encanto Cactus Park Phase II 50

218 Metro Lofts 204

219 Stadium Point @ P83 100

221 G83 Plaza 88

222 Golden Lane 192

226 4640 North 24th Street 300

236 79th & Encanto Multi-Family 372

237 79th & Encanto Senior 203

238 Birdsong Phoenix 72

239 Fuze 602 180

246 19th Avenue & Southern Avenue 308

248 Sunland 90

250 Vita at 202 & Southern 207

282 Glendale Bell 418

289 Copper Sands Estates 100

Total Prospective 3,284

Page 4: Phoeix e otructio rooed Mutifami roect 121 · 2021. 5. 24. · 275 Heritage on Dysart 120 276 Nirvana at Harbor Shores 172 277 Rio Bonita 219 Total Prospective 1,503. ... 72 Enclave

Phoenix New Construction & Proposed Multifamily Projects 1Q21

Source: Yardi Matrix2000 ft

35

89

93

51

55

80

63

39

47106

48

112

113

116

146

147

149 150

148151153

154

203

155160

156

152

117

115

205

206

207

208

209

210

211

251

252253254

212

213

12

13

26

31

24

23

114

290

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS

12 Atmosphere 252

13 Canvas 263

23 Gramercy Scottsdale 160

24 The Grove on Main 275

26 Park Place Tempe Phase II 121

31 Cabana on Hayden 89

Total Lease Up 1,160

35 Scottsdale Entrada 735

39 Camden Tempe II 397

47 Novus Place 318

48 Parc Broadway 324

51 Broadstone McDowell 274

55 Alexan Scottsdale 282

63 Pier 202 587

80 2040 - 2060 North Scottsdale Road 170

89 Roadrunner on McDowell 358

93 Residences on First 72

106 Hudson on Farmer 171

Total Under Construction 3,688

112 Canalside 54

113 Continental 281

114 Museum Square 92

115 Scottsdale Residences 130

116 Southdale 267

117 WaterView 260

146 Banyan North Tempe 651

147 Blue at Eastline Village 187

148 Culdesac Tempe 761

149 Hilo Tempe 122

150 Skyview 429

151 Eco Mesa 102

152 The Palladium Grid 296

153 The Residences on Main 200

154 Broadstone Dobson Ranch 288

155 Gilbert Commons 205

156 The Landing at Fiesta Village 220

160 Bungalows on Ash 165

203 2431 East Apache Blvd 110

Total Planned 4,820

205 4605 North Scottsdale Road 749

206 The Artisan Scottsdale 83

207 Bishop Lane 199

208 Gentry on the Green 1,241

209 Greenbelt 88 300

210 The Kimsey 230

211 L'Esperance 77

212 The Miller 148

213 Scottsdale Collection 512

251 17-31-37 West University 96

252 The Grove on Main Phase II 100

253 Mesa Hotel & Residences 75

254 Sycamore Station 200

290 Dorsey Lane 140

Total Prospective 4,150

Page 5: Phoeix e otructio rooed Mutifami roect 121 · 2021. 5. 24. · 275 Heritage on Dysart 120 276 Nirvana at Harbor Shores 172 277 Rio Bonita 219 Total Prospective 1,503. ... 72 Enclave

Phoenix New Construction & Proposed Multifamily Projects 1Q21

Source: Yardi Matrix2000 ft

40

49

64

72

7376

77

86

78

99

157

161

163

168

169

172

173

174

165

166

167

175

263

266

268

269270

3

4

14

16

30

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS

3 The Crossing at Cooley Station 408

4 Liv Crossroads 356

14 Elevation San Tan 297

16 Aiya 360

30 BB Living at Val Vista 217

Total Lease Up 1,638

40 Zaterra at Arden Park 392

49 Acero Val Vista 328

64 DC Heights 237

72 Enclave at Madera Parc 51

73 The Tyler at Agritopia 320

76 Soltra at SanTan Village 380

77 Springs at Cooley Station 276

78 The Wyatt by Watermark 216

86 Cabana Power 244

99 Desert Jewel Phase III 72

Total Under Construction 2,516

157 Uptown Commons 252

161 Heritage Park 250

163 Alta Gilbert at Cooley Station 249

165 The Bungalows on Ray 159

166 Elevation at the Village 214

167 Encore Chandler 208

168 Gallery Park 347

169 Greystar Active Adult 204

172 Noria Phase II 246

173 Novel Val Vista 317

174 Quintana at Verde 197

175 Town Frye 420

Total Planned 3,063

263 Gabriella Pointe 605

266 SanTan Village 301

268 Williams Gateway 169

269 Alta Chandler at the Park 293

270 Chandler 101 200

Total Prospective 1,568

Page 6: Phoeix e otructio rooed Mutifami roect 121 · 2021. 5. 24. · 275 Heritage on Dysart 120 276 Nirvana at Harbor Shores 172 277 Rio Bonita 219 Total Prospective 1,503. ... 72 Enclave

Phoenix New Construction & Proposed Multifamily Projects 1Q21

Source: Yardi Matrix1 mi

54

105

85

58

59

158

170

171

164

159

255

262

267

265

264

260

259258

257

21

22

256162

261

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS

21 The Premiere at Eastmark 216

22 Avilla Enclave 96

Total Lease Up 312

54 Peralta Vista 135

58 Cadence Gateway 197

59 Rev at Spur Cross 174

85 Hampton East Phase II & III 248

105 Christopher Todd Communities on Ellsworth 145

Total Under Construction 899

158 2.0 at Eastmark 354

159 Bella Encanta 249

162 Mera Mesa 189

164 The Bungalows at Combs & Gantzel 236

170 Harvest Station 78

171 Madera 175

Total Planned 1,281

255 Acero Eastmark 260

256 Ascend at Mountain Vista 200

257 The Falls at Crismon Commons 240

258 Mountain Vista 155

259 Mountain Vista Superstition Mountains 350

260 Springs at Eastmark 276

261 Talos Signal Butte 346

262 Destination at Gateway 100

264 The Ironwood District 50

265 Mesa Ray 200

267 South Ellsworth Road & East Queen Creek Road 200

Total Prospective 2,377

Page 7: Phoeix e otructio rooed Mutifami roect 121 · 2021. 5. 24. · 275 Heritage on Dysart 120 276 Nirvana at Harbor Shores 172 277 Rio Bonita 219 Total Prospective 1,503. ... 72 Enclave

Phoenix New Construction & Proposed Multifamily Projects 1Q21

Source: Yardi Matrix2000 ft

38

44

67

68

74

107

109

193

110

111

118

108

279

204

214

215

9

17

33 119

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS

9 The Scottsdale Grand 290

17 Camden North End Phase II 343

33 Optima Kierland Phase II 213

Total Lease Up 846

38 The Manor Scottsdale 286

44 San Artes 552

67 Alta Raintree 330

68 LMC Kierland 290

74 LCG Kierland 202

Total Under Construction 1,660

107 8501 East Raintree Drive 190

108 9400 Shea 219

109 The Cavasson 298

110 The Quincy at Kierland 266

111 San Bellara 180

118 Optima 15615 170

119 Optima Kierland Phase III 288

193 City North 2,000

Total Planned 3,611

204 Greystar Active Independent Living 155

214 16640 North Scottsdale Road 200

215 RD Kierland 360

279 North 56th Street & Loop 101 600

Total Prospective 1,315

Page 8: Phoeix e otructio rooed Mutifami roect 121 · 2021. 5. 24. · 275 Heritage on Dysart 120 276 Nirvana at Harbor Shores 172 277 Rio Bonita 219 Total Prospective 1,503. ... 72 Enclave

Phoenix New Construction & Proposed Multifamily Projects 1Q21

Source: Yardi Matrix5 mi

3698

71

61

66

10179

247249

278

283

284

285

280

6

15 18

19

144

145

131

195194

196

197198

281

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS

6 Springs at Deer Valley 296

15 Grandstone at Sunrise 140

18 Elux at Norterra 212

19 Proximity 16th St 85

Total Lease Up 733

36 Alta Warehouse 300

61 The Havenly 147

66 Avilla Canyon 211

71 South 59th Avenue & West South Mountain Avenue 147

79 Happy Valley Residences 325

98 The Battery 278

101 Kalon at Union Street 215

Total Under Construction 1,623

131 5727 North 7th Street 232

144 Liv Laveen 360

145 Proximity Baseline 80

194 26800 North 27th Avenue 242

195 Ascend at Black Canyon & Dynamite 260

196 BB Living at Norterra 154

197 North 19th Avenue & West Alameda Road 396

198 Bungalows at Asante 293

Total Planned 2,017

247 Isola Elliot 249

249 Urban 128 Phase II 120

278 Aileron by Moderne 250

280 Arise Arroyo Norte 170

281 Central Foothills 109

283 Sage Phase II 232

284 Lake Pleasant Heights 100

285 Spurlock Ranch 100

Total Prospective 1,330

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Phoenix New Construction & Proposed Multifamily Projects

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ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

1 Grayson Place 1499 North 159th Avenue Goodyear AZ 85395 Lease-Up 296 Western Suburbs 01/13/2020 09/30/2022 11/01/2020

2 Acero Algodon Center 3223 North Algodon Way Phoenix AZ 85037 Lease-Up 458 Western Suburbs 08/03/2020 01/31/2022 01/05/2021

3 The Crossing at Cooley Station 3700 East Williams Field Road Gilbert AZ 85295 Lease-Up 408 Gilbert 05/01/2020 12/31/2021 02/15/2021

4 Liv Crossroads 445 East Germann Road Gilbert AZ 85297 Lease-Up 356 Gilbert 04/06/2020 12/31/2021 01/01/2021

5 Arise Litchfield Park 5110 North 129th Avenue Litchfield Park AZ 85340 Lease-Up 135 Western Suburbs 04/01/2020 11/30/2021 01/18/2021

6 Springs at Deer Valley 24025 North 23rd Avenue Phoenix AZ 85085 Lease-Up 296 Deer Valley 05/01/2020 11/30/2021 12/07/2020

7 Mera City Center 15510 North La Cometa Avenue Surprise AZ 85379 Lease-Up 193 Western Suburbs 02/01/2020 11/30/2021 09/21/2020

8 ArLo 2121 North 44th Street Phoenix AZ 85008 Lease-Up 331 Central East Phoenix 01/03/2020 09/30/2021 03/22/2021

9 The Scottsdale Grand 15501 North Dial Blvd Scottsdale AZ 85260 Lease-Up 290 North Scottsdale 05/15/2019 09/30/2021 01/15/2021

10 Avilla Lago 10310 West Beardsley Road Peoria AZ 85382 Lease-Up 120 Deer Valley 06/01/2020 08/31/2021 01/15/2021

11 Escape at Arrowhead 7951 West Beardsley Road Peoria AZ 85382 Lease-Up 324 Deer Valley 10/01/2019 08/31/2021 11/02/2020

12 Atmosphere 707 South Forest Avenue Tempe AZ 85281 Lease-Up 252 North Tempe 02/03/2020 08/31/2021 10/02/2020

13 Canvas 1028 East Orange Street Tempe AZ 85281 Lease-Up 263 North Tempe 12/16/2019 08/31/2021 08/21/2020

14 Elevation San Tan 2045 East Boston Street Gilbert AZ 85295 Lease-Up 297 Gilbert 07/08/2019 08/31/2021 06/08/2020

15 Grandstone at Sunrise 24701 North Lake Pleasant Pkwy Peoria AZ 85383 Lease-Up 140 Deer Valley 05/01/2020 07/31/2021 03/29/2021

16 Aiya 2350 South Wade Drive Gilbert AZ 85295 Lease-Up 360 Gilbert 11/01/2018 07/31/2021 11/13/2020

17 Camden North End Phase II 6800 East Mayo Blvd Phoenix AZ 85054 Lease-Up 343 Union Hills 08/01/2019 07/31/2021 10/16/2020

18 Elux at Norterra 1717 West Happy Valley Road Phoenix AZ 85085 Lease-Up 212 Deer Valley 02/03/2020 07/31/2021 09/21/2020

19 Proximity 16th St 7500 South 16th Street Phoenix AZ 85042 Lease-Up 85 South Phoenix 09/02/2019 07/31/2021 09/11/2020

20 Kenect Phoenix 355 North Central Avenue Phoenix AZ 85004 Lease-Up 320 Sky Harbor 05/01/2019 07/31/2021 07/22/2020

21 The Premiere at Eastmark 9410 East Ray Road Mesa AZ 85212 Lease-Up 216 Superstition Springs 07/12/2019 07/31/2021 04/03/2020

22 Avilla Enclave 8433 East Guadalupe Road Mesa AZ 85212 Lease-Up 96 Superstition Springs 05/01/2020 06/30/2021 02/11/2021

23 Gramercy Scottsdale 4735 North Scottsdale Road Scottsdale AZ 85251 Lease-Up 160 South Scottsdale 12/16/2019 06/30/2021 01/15/2021

24 The Grove on Main 435 East Main Street Mesa AZ 85203 Lease-Up 275 North Mesa 09/03/2019 06/30/2021 10/13/2020

25 Paradise @ P83 16601 North 75th Avenue Peoria AZ 85382 Lease-Up 354 Sun City - Youngtown - Peoria 09/01/2019 06/30/2021 08/21/2020

26 Park Place Tempe Phase II 1317 South Terrace Road Tempe AZ 85281 Lease-Up 121 North Tempe 09/07/2020 05/31/2021 01/11/2021

27 Novel Midtown 400 East Earll Drive Phoenix AZ 85012 Lease-Up 345 Uptown 08/01/2019 05/31/2021 10/23/2020

28 Parc Roundtree Ranch 9201 North 83rd Avenue Peoria AZ 85345 Lease-Up 275 Sun City - Youngtown - Peoria 10/01/2019 05/31/2021 09/18/2020

29 Pearl Biltmore 2323 East Highland Avenue Phoenix AZ 85016 Lease-Up 470 East Camelback 09/01/2018 05/31/2021 05/15/2020

30 BB Living at Val Vista 3936 South Decatur Drive Gilbert AZ 85297 Lease-Up 217 Gilbert 07/22/2019 05/31/2021 12/02/2019

31 Cabana on Hayden 2240 North Hayden Road Scottsdale AZ 85257 Lease-Up 89 South Scottsdale 04/06/2020 04/30/2021 03/15/2021

32 Desert View 600 North 96th Avenue Tolleson AZ 85353 Lease-Up 160 Western Suburbs 02/01/2018 04/30/2021 02/10/2021

33 Optima Kierland Phase II 7160 East Kierland Blvd Scottsdale AZ 85254 Lease-Up 213 North Paradise Valley 04/02/2019 04/30/2021 06/10/2020

34 The Reserve at Westpark 25931 West Elwood Street Buckeye AZ 85326 Lease-Up 116 Southwest Maricopa County 06/01/2019 04/30/2021 05/18/2020

Total Lease-Up 8,586

Page 10: Phoeix e otructio rooed Mutifami roect 121 · 2021. 5. 24. · 275 Heritage on Dysart 120 276 Nirvana at Harbor Shores 172 277 Rio Bonita 219 Total Prospective 1,503. ... 72 Enclave

Phoenix New Construction & Proposed Multifamily Projects

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ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

35 Scottsdale Entrada NEC North 64th Street & East McDowell Road Scottsdale AZ 85257 Under Construction 735 South Scottsdale 11/01/2020 11/30/2023

36 Alta Warehouse 600 West Grant Street Phoenix AZ 85003 Under Construction 300 Sky Harbor 03/09/2020 11/30/2022

37 The Fillmore 555 North 5th Avenue Phoenix AZ 85003 Under Construction 609 Sky Harbor 02/17/2020 10/31/2022

38 The Manor Scottsdale 13220 North Scottsdale Road Scottsdale AZ 85254 Under Construction 286 North Paradise Valley 11/09/2020 09/30/2022

39 Camden Tempe II North College Avenue & East Weber Drive Tempe AZ 85281 Under Construction 397 North Tempe 12/07/2020 09/30/2022

40 Zaterra at Arden Park South Arizona Avenue & West Germann Road Chandler AZ 85286 Under Construction 392 Chandler 01/04/2021 09/30/2022

41 Avari NWC North Avondale Blvd & West City Center Drive Avondale AZ 85323 Under Construction 354 Western Suburbs 01/11/2021 09/30/2022

42 Village at Pioneer Park SWC North 83rd Avenue & West Olive Avenue Peoria AZ 85345 Under Construction 332 Glendale 12/07/2020 08/31/2022

43 The Haverly 33 East Thomas Road Phoenix AZ 85012 Under Construction 323 Uptown 01/04/2021 08/31/2022

44 San Artes 17900 North Hayden Road Scottsdale AZ 85255 Under Construction 552 North Scottsdale 02/10/2020 07/31/2022

45 Acero Glendale 5550 North 95th Avenue Glendale AZ 85305 Under Construction 352 Glendale 12/01/2020 07/31/2022

46 Zanjero SWC North 91st Avenue & North Zanjero Blvd Glendale AZ 85305 Under Construction 310 Glendale 02/12/2021 07/31/2022

47 Novus Place East 6th Street & South Packard Drive Tempe AZ 85281 Under Construction 318 North Tempe 10/01/2020 06/30/2022

48 Parc Broadway 711 West Broadway Road Tempe AZ 85282 Under Construction 324 South Tempe 10/19/2020 06/30/2022

49 Acero Val Vista 1500 East Melrose Street Gilbert AZ 85297 Under Construction 328 Gilbert 01/04/2021 06/30/2022

50 Aviva Goodyear 4195 North Falcon Drive Goodyear AZ 85395 Under Construction 288 Western Suburbs 11/02/2020 06/30/2022

51 Broadstone McDowell 7025 East McDowell Road Scottsdale AZ 85257 Under Construction 274 South Scottsdale 12/01/2020 05/31/2022

52 The Common 4225 North 32nd Street Phoenix AZ 85018 Under Construction 130 East Camelback 03/10/2021 05/31/2022

53 Banyan Washington 5321 East Washington Street Phoenix AZ 85034 Under Construction 223 Sky Harbor 01/18/2021 05/31/2022

54 Peralta Vista NWC North Ellsworth Road & East University Drive Mesa AZ 85207 Under Construction 135 East Mesa 03/01/2021 05/31/2022

55 Alexan Scottsdale 2001 North Scottsdale Road Scottsdale AZ 85257 Under Construction 282 South Scottsdale 11/02/2020 04/30/2022

56 Cabana on 99th 10000 West Missouri Avenue Glendale AZ 85307 Under Construction 286 Glendale 10/19/2020 04/30/2022

57 Millennium at Park Central NWC West Catalina Drive & North Central Avenue Phoenix AZ 85013 Under Construction 278 Uptown 10/01/2020 04/30/2022

58 Cadence Gateway 9410 East Cadence Pkwy Mesa AZ 85212 Under Construction 197 Gilbert 02/01/2021 04/30/2022

59 Rev at Spur Cross NEC East Ocotillo Road & South Signal Butte Road Queen Creek AZ 85142 Under Construction 174 Gilbert 01/21/2021 04/30/2022

60 Hillstone Residences at Canyon Trails NWC South 173rd Avenue & West Yuma Road Goodyear AZ 85338 Under Construction 240 Western Suburbs 02/01/2021 04/30/2022

61 The Havenly 16550 East Avenue of the Fountains Fountain Hills AZ 85268 Under Construction 147 North Scottsdale 12/14/2020 03/31/2022

62 The Derby 800 North 2nd Street Phoenix AZ 85004 Under Construction 222 Sky Harbor 03/15/2017 03/31/2022

63 Pier 202 1190 Vista Del Lago Drive Tempe AZ 85281 Under Construction 587 North Tempe 03/01/2019 03/31/2022

64 DC Heights 201 West Commonwealth Avenue Chandler AZ 85225 Under Construction 237 Chandler 01/04/2021 03/31/2022

65 The Bungalows at Camelback SEC North 99th Avenue & West Camelback Road Phoenix AZ 85037 Under Construction 325 Western Suburbs 10/05/2020 03/31/2022

Page 11: Phoeix e otructio rooed Mutifami roect 121 · 2021. 5. 24. · 275 Heritage on Dysart 120 276 Nirvana at Harbor Shores 172 277 Rio Bonita 219 Total Prospective 1,503. ... 72 Enclave

Phoenix New Construction & Proposed Multifamily Projects

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ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

66 Avilla Canyon 27701 North Black Canyon Hwy Phoenix AZ 85085 Under Construction 211 Deer Valley 12/07/2020 03/31/2022

67 Alta Raintree 8688 East Raintree Drive Scottsdale AZ 85260 Under Construction 330 North Scottsdale 08/24/2020 02/28/2022

68 LMC Kierland 15825 North 71st Street Scottsdale AZ 85254 Under Construction 290 North Paradise Valley 09/01/2020 02/28/2022

69 Bungalows at Westgate 7403 North 91st Avenue Glendale AZ 85305 Under Construction 193 Glendale 11/16/2020 02/28/2022

70 Townhomes at Manistee Ranch 7959 North 53rd Avenue Glendale AZ 85301 Under Construction 71 Glendale 01/15/2021 02/28/2022

71 South 59th Avenue & West South Mountain Avenue

SEC South 59th Avenue & West South Mountain Avenue Laveen AZ 85339 Under Construction 147 South Phoenix 12/01/2020 02/28/2022

72 Enclave at Madera Parc 336 South Madera Park Drive Gilbert AZ 85233 Under Construction 51 Superstition Springs 01/11/2021 02/28/2022

73 The Tyler at Agritopia 3150 East Ray Road Gilbert AZ 85296 Under Construction 320 Gilbert 04/01/2020 02/28/2022

74 LCG Kierland 7111 East Tierra Buena Lane Scottsdale AZ 85254 Under Construction 202 North Paradise Valley 11/09/2020 01/31/2022

75 The Rey 400 North 2nd Avenue Phoenix AZ 85003 Under Construction 323 Sky Harbor 04/06/2020 01/31/2022

76 Soltra at SanTan Village 1690 South Santan Village Pkwy Gilbert AZ 85295 Under Construction 380 Gilbert 01/13/2020 01/31/2022

77 Springs at Cooley Station 4210 East Williams Field Road Gilbert AZ 85295 Under Construction 276 Gilbert 10/01/2020 01/31/2022

78 The Wyatt by Watermark 1233 South Gilbert Road Gilbert AZ 85296 Under Construction 216 Gilbert 10/05/2020 01/31/2022

79 Happy Valley Residences NWC North 35th Avenue & West Happy Valley Road Phoenix AZ 85085 Under Construction 325 Deer Valley 09/21/2020 01/31/2022

80 2040 - 2060 North Scottsdale Road 2040 North Scottsdale Road Scottsdale AZ 85257 Under Construction 170 South Scottsdale 11/02/2020 12/31/2021

81 Avilla Magnolia NWC South 75th Avenue & West Lower Buckeye Road Phoenix AZ 85043 Under Construction 162 Maryvale 10/01/2020 12/31/2021

82 Adeline 222 East Jefferson Street Phoenix AZ 85004 Under Construction 379 Sky Harbor 02/03/2020 12/31/2021

83 City Center on the Park 1314 North 3rd Street Phoenix AZ 85004 Under Construction 209 Sky Harbor 07/27/2020 12/31/2021

84 Society Phoenix 200 West Monroe Street Phoenix AZ 85003 Under Construction 330 Sky Harbor 10/15/2019 12/31/2021

85 Hampton East Phase II & III 9740 East Hampton Avenue Mesa AZ 85209 Under Construction 248 Superstition Springs 08/03/2020 12/31/2021

86 Cabana Power 6151 South Power Road Gilbert AZ 85212 Under Construction 244 Gilbert 09/01/2020 12/31/2021

87 Cabana on Encanto 2323 North 150th Drive Goodyear AZ 85395 Under Construction 286 Western Suburbs 10/01/2020 12/31/2021

88 St. Ambrose 220 North 12th Street Phoenix AZ 85034 Under Construction 241 Sky Harbor 10/05/2020 12/31/2021

89 Roadrunner on McDowell 6601 East McDowell Road Scottsdale AZ 85257 Under Construction 358 South Scottsdale 03/06/2020 11/30/2021

90 Mera Westgate 7460 North Zanjero Blvd Glendale AZ 85305 Under Construction 189 Glendale 11/02/2020 11/30/2021

91 Aspire Fillmore 601 North 3rd Avenue Phoenix AZ 85003 Under Construction 256 Sky Harbor 12/02/2019 11/30/2021

92 Broadstone Portland 332 East Portland Street Phoenix AZ 85004 Under Construction 162 Sky Harbor 04/06/2020 11/30/2021

93 Residences on First 59 West 1st Avenue Mesa AZ 85210 Under Construction 72 North Mesa 12/07/2020 11/30/2021

94 Curve at Estrella Commons SEC North Estrella Pkwy & West Roosevelt Street Goodyear AZ 85338 Under Construction 64 Western Suburbs 11/02/2020 11/30/2021

95 Mera Goodyear 1375 North 145th Avenue Goodyear AZ 85395 Under Construction 188 Western Suburbs 11/02/2020 11/30/2021

96 The Link PHX Phase II 330 East Pierce Street Phoenix AZ 85004 Under Construction 204 Sky Harbor 02/17/2020 11/30/2021

97 Aura Central 3883 North Central Avenue Phoenix AZ 85012 Under Construction 251 Uptown 04/09/2020 10/31/2021

98 The Battery 318 East Buchanan Street Phoenix AZ 85004 Under Construction 278 Sky Harbor 10/01/2019 10/31/2021

99 Desert Jewel Phase III 2800 North Arizona Avenue Chandler AZ 85225 Under Construction 72 South Mesa 10/19/2020 10/31/2021

100 Village at Olive Marketplace 5171 West Olive Avenue Glendale AZ 85302 Under Construction 208 Glendale 05/01/2020 09/30/2021

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ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

101 Kalon at Union Street NEC North Norterra Pkwy & White Thorn Phoenix AZ 85085 Under Construction 215 Deer Valley 03/01/2020 08/31/2021

102 One Camelback 1 East Camelback Road Phoenix AZ 85012 Under Construction 163 Uptown 04/01/2019 07/31/2021

103 The Bungalows on Estrella 15545 West Hudson Way Goodyear AZ 85338 Under Construction 183 Western Suburbs 08/01/2019 07/31/2021

104 Eco Phx 301 West Roosevelt Street Phoenix AZ 85003 Under Construction 70 Sky Harbor 05/01/2020 06/30/2021

105 Christopher Todd Communities on Ellsworth

SWC North Ellsworth Road & East University Drive Mesa AZ 85207 Under Construction 145 East Mesa 08/03/2020 06/30/2021

106 Hudson on Farmer 707 South Farmer Avenue Tempe AZ 85281 Under Construction 171 North Tempe 01/06/2020 06/30/2021

Total Under Construction 18,790

107 8501 East Raintree Drive 8501 East Raintree Drive Scottsdale AZ 85260 Planned 190 North Scottsdale

108 9400 Shea 9375 East Shea Blvd Scottsdale AZ 85260 Planned 219 North Scottsdale

109 The Cavasson SEC East Cavasson Blvd & North Claret Drive Scottsdale AZ 85255 Planned 298 North Scottsdale

110 The Quincy at Kierland North Scottsdale Road & East Tierra Buena Lane Phoenix AZ 85254 Planned 266 North Scottsdale

111 San Bellara 17800 North 78th Street Scottsdale AZ 85255 Planned 180 North Scottsdale

112 Canalside 6824 East Indian School Road Scottsdale AZ 85251 Planned 54 South Scottsdale

113 Continental 1000 North Scottsdale Road Scottsdale AZ 85257 Planned 281 South Scottsdale

114 Museum Square 7108 East 2nd Street Scottsdale AZ 85251 Planned 92 South Scottsdale

115 Scottsdale Residences 6903 East Main Street Scottsdale AZ 85251 Planned 130 South Scottsdale

116 Southdale 7000 East McDowell Road Scottsdale AZ 85257 Planned 267 South Scottsdale

117 WaterView North 73rd Street & East Camelback Road Scottsdale AZ 85251 Planned 260 South Scottsdale

118 Optima 15615 15615 North 71st Street Scottsdale AZ 85254 Planned 170 North Paradise Valley

119 Optima Kierland Phase III 7160 East Kierland Blvd Scottsdale AZ 85254 Planned 288 North Paradise Valley

120 Paradise Valley Mall East Cactus Road & North Tatum Blvd Phoenix AZ 85032 Planned 347 North Paradise Valley

121 Alta Bluewater NEC North 16th Street & East Camelback Road Phoenix AZ 85014 Planned 216 South Paradise Valley

122 The Hangar at Thunderbird North 57th Avenue & West Thunderbird Road Glendale AZ 85306 Planned 286 North Black Canyon

123 19 North 2121 West Butler Drive Phoenix AZ 85021 Planned 96 Metrocenter

124 Landon Lux Lofts 8125 North 23rd Avenue Phoenix AZ 85021 Planned 62 Metrocenter

125 Landmark on 67th 9160 North 67th Avenue Peoria AZ 85345 Planned 56 Sun City - Youngtown - Peoria

126 North 83rd Avenue & West Olive Avenue

NWC North 83rd Avenue & West Olive Avenue Peoria AZ 85345 Planned 189 Sun City - Youngtown -

Peoria

127 59 Butler SWC North 59th Drive & West Butler Drive Glendale AZ 85302 Planned 96 Glendale

128 Glen 91 SEC North 91st Avenue & West Glendale Avenue Glendale AZ 85305 Planned 296 Glendale

129 The Prescott at Park West 8128 North 99th Avenue Peoria AZ 85345 Planned 95 Glendale

130 Village at Camelback Park 11264 West Camelback Road Phoenix AZ 85037 Planned 194 Glendale

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FORECASTED COMPLETION DATE

START OFRENT-UP

131 5727 North 7th Street 5727 North 7th Street Phoenix AZ 85014 Planned 232 Christown

132 Broadstone Uptown 502 West Camelback Road Phoenix AZ 85013 Planned 284 Christown

133 40 East 4040 East McDowell Road Phoenix AZ 85008 Planned 71 Central East Phoenix

134 Patriot Square 640 North 32nd Street Phoenix AZ 85008 Planned 83 Central East Phoenix

135 Urban Connected Phase II 1220 North 44th Street Phoenix AZ 85008 Planned 50 Central East Phoenix

136 4100 North Central Avenue 4100 North Central Avenue Phoenix AZ 85012 Planned 402 Uptown

137 Palmcroft 74 1302 West McDowell Road Phoenix AZ 85007 Planned 74 Uptown

138 Los Vecinos Phase II 1950 North 43rd Avenue Phoenix AZ 85009 Planned 50 Maryvale

139 Retreat at Tuscano 7725 West Lower Buckeye Road Phoenix AZ 85043 Planned 220 Maryvale

140 Astra Phoenix 333 North 2nd Avenue Phoenix AZ 85003 Planned 400 Sky Harbor

141 First McKinley at First Avenue and McKinley Street

North 1st Avenue & West McKinley Street Phoenix AZ 85003 Planned 385 Sky Harbor

142 Phoenix Central Station NWC North Central Avenue & West Van Buren Street Phoenix AZ 85004 Planned 573 Sky Harbor

143 The Ragsdale NWC North 12th Street & East Washington Street Phoenix AZ 85034 Planned 268 Sky Harbor

144 Liv Laveen SEC South 39th Avenue & West Dobbins Road Laveen AZ 85339 Planned 360 South Phoenix

145 Proximity Baseline 1640 East Baseline Road Phoenix AZ 85042 Planned 80 South Phoenix

146 Banyan North Tempe 1255 East Curry Road Tempe AZ 85281 Planned 651 North Tempe

147 Blue at Eastline Village 2058 East Apache Blvd Tempe AZ 85281 Planned 187 North Tempe

148 Culdesac Tempe 2025 East Apache Blvd Tempe AZ 85281 Planned 761 North Tempe

149 Hilo Tempe 701 South Mill Avenue Tempe AZ 85281 Planned 122 North Tempe

150 Skyview 855 South Rural Road Tempe AZ 85281 Planned 429 North Tempe

151 Eco Mesa SEC West Pepper Place & North Robson Mesa AZ 85201 Planned 102 North Mesa

152 The Palladium Grid East Main Street & South Pomeroy Mesa AZ 85201 Planned 296 North Mesa

153 The Residences on Main 424 West Main Street Mesa AZ 85201 Planned 200 North Mesa

154 Broadstone Dobson Ranch 1666 South Dobson Road Mesa AZ 85202 Planned 288 South Mesa

155 Gilbert Commons 1121 East Baseline Road Gilbert AZ 85233 Planned 205 South Mesa

156 The Landing at Fiesta Village NWC South Alma School Road & West Southern Avenue Mesa AZ 85210 Planned 220 South Mesa

157 Uptown Commons NEC North Arizona Avenue & West Elliot Road Chandler AZ 85225 Planned 252 South Mesa

158 2.0 at Eastmark SEC South Ellsworth Road & East Point Twenty - Two Blvd Mesa AZ 85212 Planned 354 Superstition Springs

159 Bella Encanta 9641 East Hampton Avenue Mesa AZ 85209 Planned 249 Superstition Springs

160 Bungalows on Ash NEC North Ash Street & North Gilbert Road Gilbert AZ 85234 Planned 165 Superstition Springs

161 Heritage Park SWC North Gilbert Road & West Juniper Avenue Gilbert AZ 85234 Planned 250 Superstition Springs

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START OFRENT-UP

162 Mera Mesa SWC South 105th Place & East Hampton Avenue Mesa AZ 85208 Planned 189 Superstition Springs

163 Alta Gilbert at Cooley Station SWC South Recker Road & East Williams Field Road Gilbert AZ 85295 Planned 249 Gilbert

164 The Bungalows at Combs & Gantzel NWC East Combs Road & North Gantzel Road Queen Creek AZ 85140 Planned 236 Gilbert

165 The Bungalows on Ray East Ray Rd & South Santan Village Pkwy Gilbert AZ 85296 Planned 159 Gilbert

166 Elevation at the Village South Coronado Road & South Santan Village Pkwy Gilbert AZ 85295 Planned 214 Gilbert

167 Encore Chandler 100 South Nevada Street Chandler AZ 85225 Planned 208 Gilbert

168 Gallery Park 18420 East Ray Road Mesa AZ 85212 Planned 347 Gilbert

169 Greystar Active Adult South Recker Road & East Somerton Blvd Gilbert AZ 85295 Planned 204 Gilbert

170 Harvest Station SEC North Gary Road & East Riggs Road Queen Creek AZ 85142 Planned 78 Gilbert

171 Madera SEC East Queen Creek Road & Signal Butte Road Queen Creek AZ 85142 Planned 175 Gilbert

172 Noria Phase II 2177 South McQueen Road Chandler AZ 85286 Planned 246 Gilbert

173 Novel Val Vista 1727 East Pecos Road Gilbert AZ 85295 Planned 317 Gilbert

174 Quintana at Verde SWC South Recker Road & East Williams Field Road Gilbert AZ 85295 Planned 197 Gilbert

175 Town Frye SEC South Ellis Road & West Frye Road Chandler AZ 85224 Planned 420 Chandler

176 Avilla Grand 11755 West Thompson Ranch Road El Mirage AZ 85335 Planned 267 Western Suburbs

177 Avondale Station I North 99th Avenue & West Encanto Blvd Avondale AZ 85392 Planned 420 Western Suburbs

178 Avondale Station II North 99th Avenue & West Encanto Blvd Avondale AZ 85392 Planned 145 Western Suburbs

179 The Bungalows at Mountain Vista Ranch

SEC West Bell Road & North Sarival Road Surprise AZ 85347 Planned 339 Western Suburbs

180 Bungalows on Cotton Lane North Cotton Lane & West Orangewood Avenue Glendale AZ 85355 Planned 336 Western Suburbs

181 Cabana on Bullard NWC South Bullard Avenue & West Van Buren Street Goodyear AZ 85338 Planned 334 Western Suburbs

182 Cascade Falls at CanyonTrails NWC North Sarival Avenue & West Van Buren Street Goodyear AZ 85338 Planned 288 Western Suburbs

183 Christopher Todd Communities on Cotton Lane

North Cotton Lane & West Garfield Street Goodyear AZ 85338 Planned 328 Western Suburbs

184 Christopher Todd Communities on McDowell 1610 North 91st Avenue Phoenix AZ 85037 Planned 166 Western Suburbs

185 Crystal Cove NEC North Central Avenue & East La Canada Blvd Avondale AZ 85323 Planned 238 Western Suburbs

186 Hancock at Canyon Trails North 173rd Avenue & West Van Buren Street Goodyear AZ 85338 Planned 261 Western Suburbs

187 Isola Goodyear NEC South Cotton Lane & West Elwood Street Goodyear AZ 85338 Planned 228 Western Suburbs

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Phoenix New Construction & Proposed Multifamily Projects

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ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

188 Sobremesa Villas SWC West Cactus Road & North Reems Road Surprise AZ 85379 Planned 150 Western Suburbs

189 Solace at Ballpark Village 2445 Estrella Pkwy Goodyear AZ 85338 Planned 211 Western Suburbs

190 Village at the BLVD North 107th Avenue & West Roosevelt Street Avondale AZ 85323 Planned 185 Western Suburbs

191 Villas at Rancho TruGold 17180 West Sweetwater Avenue Surprise AZ 85388 Planned 244 Western Suburbs

192 Zora Encanto NWC North 83rd Avenue & West Encanto Blvd Phoenix AZ 85035 Planned 109 Western Suburbs

193 City North NEC North 56th Street & Loop 101 Phoenix AZ 85054 Planned 2,000 Union Hills

194 26800 North 27th Avenue 26800 North 27th Avenue Phoenix AZ 85085 Planned 242 Deer Valley

195 Ascend at Black Canyon & Dynamite Black Canyon Hwy & West Dynamite Blvd Phoenix AZ 85085 Planned 260 Deer Valley

196 BB Living at Norterra North 19th Avenue & West Happy Valley Road Phoenix AZ 85085 Planned 154 Deer Valley

197 North 19th Avenue & West Alameda Road

SWC North 19th Avenue & West Alameda Road Phoenix AZ 85085 Planned 396 Deer Valley

198 Bungalows at Asante 16630 West Pat Tillman Blvd Surprise AZ 85387 Planned 293 Southwest Maricopa County

199 Sundance South 232nd Avenue & North Sundance Pkwy Buckeye AZ 85326 Planned 200 Southwest

Maricopa County

200 Surprise Farms Villas 17701 West Bell Road Surprise AZ 85388 Planned 252 Southwest Maricopa County

201 Harmony at the Park One 500 North 20th Street Phoenix AZ 85006 Planned 120 Central East Phoenix

202 Deck Park Vista Redevelopment 1125 North 3rd Street Phoenix AZ 85004 Planned 201 Sky Harbor

203 2431 East Apache Blvd 2431 East Apache Blvd Tempe AZ 85281 Planned 110 North Tempe

Total Planned 24,607

204 Greystar Active Independent Living NWC North 90th Street & Raintree Circle Drive Scottsdale AZ 85260 Prospective 155 North Scottsdale

205 4605 North Scottsdale Road 4605 North Scottsdale Road Scottsdale AZ 85251 Prospective 749 South Scottsdale

206 The Artisan Scottsdale 7033 East Indian School Road Scottsdale AZ 85251 Prospective 83 South Scottsdale

207 Bishop Lane 7125 East 2nd Street Scottsdale AZ 85251 Prospective 199 South Scottsdale

208 Gentry on the Green 7979 East Camelback Road Scottsdale AZ 85251 Prospective 1,241 South Scottsdale

209 Greenbelt 88 3370 North Hayden Road Scottsdale AZ 85251 Prospective 300 South Scottsdale

210 The Kimsey 7110 East Indian School Road Scottsdale AZ 85251 Prospective 230 South Scottsdale

211 L'Esperance NWC East Earll Drive & North Scottsdale Road Scottsdale AZ 85251 Prospective 77 South Scottsdale

212 The Miller 7570 East 6th Avenue Scottsdale AZ 85251 Prospective 148 South Scottsdale

213 Scottsdale Collection East Camelback Road & North Scottsdale Road Scottsdale AZ 85251 Prospective 512 South Scottsdale

214 16640 North Scottsdale Road 16640 North Scottsdale Road Scottsdale AZ 85254 Prospective 200 North Paradise Valley

215 RD Kierland 7025 East Greenway Pkwy Scottsdale AZ 85254 Prospective 360 North Paradise Valley

216 Harmony at Cactus 2625 East Cactus Road Phoenix AZ 85032 Prospective 400 Sunnyslope

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ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

217 Encanto Cactus Park Phase II 4310 West Charter Oak Road Glendale AZ 85304 Prospective 50 North Black Canyon

218 Metro Lofts 9201 North 29th Avenue Phoenix AZ 85051 Prospective 204 Metrocenter

219 Stadium Point @ P83 NEC North 83rd Avenue & West Mariners Way Peoria AZ 85382 Prospective 100 Sun City -

Youngtown - Peoria

220 Desert River North 99th Avenue & West Desert River Blvd Glendale AZ 85305 Prospective 50 Glendale

221 G83 Plaza SEC North 83rd Avenue & West Glendale Avenue Glendale AZ 85303 Prospective 88 Glendale

222 Golden Lane SWC North 67th Avenue & West Alice Avenue Glendale AZ 85345 Prospective 192 Glendale

223 North 107th Avenue & West Northern Avenue

North 107th Avenue & West Northern Avenue Glendale AZ 85307 Prospective 74 Glendale

224 3250 West Indian School Road 3250 West Indian School Road Phoenix AZ 85017 Prospective 81 Northwest Phoenix

225 Willowick North 16th Street & East Colter Street Phoenix AZ 85014 Prospective 237 Christown

226 4640 North 24th Street 4640 North 24th Street Phoenix AZ 85016 Prospective 300 East Camelback

227 The Governor by Moderne SWC North 18th Street & East McDowell Road Phoenix AZ 85006 Prospective 172 Central East Phoenix

228 201 West Coolidge Street 201 West Coolidge Street Phoenix AZ 85013 Prospective 218 Uptown

229 333 East Mulberry Drive 333 East Mulberry Drive Phoenix AZ 85012 Prospective 104 Uptown

230 4040 - 4060 North Central Avenue 4040 North Central Avenue Phoenix AZ 85012 Prospective 100 Uptown

231 C17 SWC North 17th Avenue & West Camelback Road Phoenix AZ 85015 Prospective 330 Uptown

232 Camelback & Central SWC West Camelback Road & North Central Avenue Phoenix AZ 85013 Prospective 120 Uptown

233 The Central Park NEC Central Avenue & Indian School Road Phoenix AZ 85012 Prospective 250 Uptown

234 Omninet West 4800 North Central Avenue Phoenix AZ 85012 Prospective 286 Uptown

235 Pederson NWC North Central Avenue & West Thomas Road Phoenix AZ 85012 Prospective 100 Uptown

236 79th & Encanto Multi-Family NEC North 79th Avenue & West Encanto Blvd Phoenix AZ 85035 Prospective 372 Maryvale

237 79th & Encanto Senior NEC North 79th Avenue & West Encanto Blvd Phoenix AZ 85035 Prospective 203 Maryvale

238 Birdsong Phoenix 6626 West McDowell Road Phoenix AZ 85035 Prospective 72 Maryvale

239 Fuze 602 2822 North 59th Avenue Phoenix AZ 85035 Prospective 180 Maryvale

240 334 North 4th Avenue 334 North 4th Avenue Phoenix AZ 85003 Prospective 100 Sky Harbor

241 520 West Van Buren Street 520 West Van Buren Street Phoenix AZ 85003 Prospective 243 Sky Harbor

242 6th & Garfield SEC North 6th Street & East Garfield Street Phoenix AZ 85004 Prospective 309 Sky Harbor

243 Moon Tower 811 North 3rd Street Phoenix AZ 85004 Prospective 200 Sky Harbor

244 Society Phoenix Phase II North 2nd Avenue & West Monroe Street Phoenix AZ 85003 Prospective 250 Sky Harbor

245 Union at Roosevelt Phase II 888 North 1st Avenue Phoenix AZ 85003 Prospective 120 Sky Harbor

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ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

246 19th Avenue & Southern Avenue NWC South 19th Avenue & West Southern Avenue Phoenix AZ 85041 Prospective 308 South Phoenix

247 Isola Elliot NEC South 59th Avenue & West Elliot Road Laveen AZ 85339 Prospective 249 South Phoenix

248 Sunland 205 West Sunland Avenue Phoenix AZ 85041 Prospective 90 South Phoenix

249 Urban 128 Phase II 8818 South Central Avenue Phoenix AZ 85042 Prospective 120 South Phoenix

250 Vita at 202 & Southern SWC South 59th Avenue & West Southern Avenue Laveen AZ 85339 Prospective 207 South Phoenix

251 17-31-37 West University 17 West University Drive Mesa AZ 85201 Prospective 96 North Mesa

252 The Grove on Main Phase II SEC East Main Street & South Mesa Drive Mesa AZ 85204 Prospective 100 North Mesa

253 Mesa Hotel & Residences SWC North Center Street & West Main Street Mesa AZ 85210 Prospective 75 North Mesa

254 Sycamore Station 1830 West Main Street Mesa AZ 85201 Prospective 200 North Mesa

255 Acero Eastmark NEC Ellsworth Road & East Point Twenty - Two Blvd Mesa AZ 85212 Prospective 260 Superstition Springs

256 Ascend at Mountain Vista NEC South 105th Place & East Hampton Avenue Mesa AZ 85207 Prospective 200 Superstition Springs

257 The Falls at Crismon Commons 1810 South Crismon Road Mesa AZ 85209 Prospective 240 Superstition Springs

258 Mountain Vista Signal Butte Road & Southern Avenue Mesa AZ 85208 Prospective 155 Superstition Springs

259 Mountain Vista Superstition Mountains

South Signal Butte Road & East Southern Avenue Mesa AZ 85208 Prospective 350 Superstition Springs

260 Springs at Eastmark SEC South Ellsworth Road & East Warner Road Mesa AZ 85212 Prospective 276 Superstition Springs

261 Talos Signal Butte SEC South 105th Place & East Hampton Avenue Mesa AZ 85208 Prospective 346 Superstition Springs

262 Destination at Gateway South Signal Butte Road & East Williams Field Road Mesa AZ 85212 Prospective 100 Gilbert

263 Gabriella Pointe SWC South Wade Drive & East Warner Road Gilbert AZ 85296 Prospective 605 Gilbert

264 The Ironwood District SEC East Ocotillo Road & North Gantzel Road San Tan Valley AZ 85140 Prospective 50 Gilbert

265 Mesa Ray NWC South Ellsworth Road & East Point Twenty Two Blvd Mesa AZ 85212 Prospective 200 Gilbert

266 SanTan Village SEC East Ray Road & South Santan Village Pkwy Gilbert AZ 85295 Prospective 301 Gilbert

267 South Ellsworth Road & East Queen Creek Road

SWC South Ellsworth Road & East Queen Creek Queen Creek AZ 85142 Prospective 200 Gilbert

268 Williams Gateway NWC East Somerton Blvd & East Williams Field Road Gilbert AZ 85295 Prospective 169 Gilbert

269 Alta Chandler at the Park West Chandler Blvd & South Parklane Blvd Chandler AZ 85224 Prospective 293 Chandler

270 Chandler 101 2919 West Chandler Blvd Chandler AZ 85224 Prospective 200 Chandler

271 Avondale Townhomes on Dysart SWC North Dysart Road & East Van Buren Street Avondale AZ 85323 Prospective 302 Western Suburbs

272 Cerro Vista 12116 West Van Buren Street Avondale AZ 85323 Prospective 255 Western Suburbs

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START OFRENT-UP

273 DeRosier Ranch SEC South Cotton Lane & West Yuma Road Goodyear AZ 85338 Prospective 94 Western Suburbs

274 Hancock Communities North 117th Avenue & West McDowell Road Avondale AZ 85392 Prospective 217 Western Suburbs

275 Heritage on Dysart 12939 West Elm Street Surprise AZ 85378 Prospective 120 Western Suburbs

276 Nirvana at Harbor Shores NWC Harbor Shores Blvd & West McDowell Road Avondale AZ 85392 Prospective 172 Western Suburbs

277 Rio Bonita NWC North El Mirage Road & West Indian School Road Avondale AZ 85392 Prospective 219 Western Suburbs

278 Aileron by Moderne 20350 North 7th Avenue Phoenix AZ 85027 Prospective 250 Union Hills

279 North 56th Street & Loop 101 NWC North 56th Street & Loop 101 Phoenix AZ 85054 Prospective 600 Union Hills

280 Arise Arroyo Norte SEC Interstate 17 and West Arroyo Norte Drive Phoenix AZ 85086 Prospective 170 Deer Valley

281 Central Foothills NEC North Central Avenue & East Happy Valley Road Phoenix AZ 85085 Prospective 109 Deer Valley

282 Glendale Bell NWC SR 101 & West Bell Road Peoria AZ 85382 Prospective 418 Deer Valley

283 Sage Phase II 28425 North Black Canyon Hwy Phoenix AZ 85085 Prospective 232 Deer Valley

284 Lake Pleasant Heights North El Mirage Road & West Lone Mountain Pkwy Peoria AZ 85383 Prospective 100 Southwest

Maricopa County

285 Spurlock Ranch North 275th Avenue & West Beardsley Pkwy Buckeye AZ 85396 Prospective 100 Southwest

Maricopa County

286 Harmony at the Park Two 500 North 20th Street Phoenix AZ 85006 Prospective 115 Central East Phoenix

287 The LINK PHX Phase III 330 East Pierce Street Phoenix AZ 85004 Prospective 156 Sky Harbor

288 The Presidential 1100 East Jefferson Street Phoenix AZ 85034 Prospective 84 Sky Harbor

289 Copper Sands Estates 1025 West Broadway Road Phoenix AZ 85041 Prospective 100 South Phoenix

290 Dorsey Lane East Apache Blvd & South Dorsey Lane Tempe AZ 85281 Prospective 140 North Tempe

Total Prospective 19,102

TOTAL PHOENIX 71,085

© 2021 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890.Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx. The information and details contained within this report have been obtained from a third-party and believed to be accurate; however, Berkadia has not independently verified its accuracy. Date of survey: March 2021