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Roland Murphy Roland Murphy

Mesa, a submarket of Phoenix, has become the newest hotspot for Phoenix multifamily investment. According to the second quarter report from ABI Multifamily, Mesa saw the biggest increase in multifamily investment activity in the greater Phoenix area. It isn’t surprising that investors have turned to Mesa. The city’s geography makes it a good candidate growth and there is strong rent and population growth. This combination of rising demand and rents will could trigger new apartment development in a market that has seen little new construction in the past.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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