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The I-10-Loop 202 expansion is energizing multifamily investment activity in Phoenix. The highly anticipated project, which will connect the 1-10-Loop 202 from Southeast Valley cities of Ahwatukee, Tempe, Chandler, Gilbert to Central Phoenix. Recent investment activity includes deals like the Avante Apartment Homes, a 428-unit apartment community in Phoenix, which traded hands for $51 million. The property is located at the interchange of the I-10 Loop 202 interchange. This is an example of the increased investment activity, which has also fueled property values and land prices for new development.

Kelsi Maree Borland

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