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Greenlight Communities is the first developer to focus solely on attainable housing rental product. The developer is addressing the nationwide housing crisis, and already has two projects underway in Scottsdale, Arizona. Greenlight has been working on attainable housing for a decade, and has now created a strategy for ground-up development.

“When the downturn came, we saw a niche in the market to buy older apartment buildings and renovating them,” Patricia Watts, co-founder of Greenlight Communities, tells GlobeSt.com. “We were able to buy older apartment buildings in really good locations and bring them back to life by upgrading the property. We were providing attainable rental housing, and it was housing that was affordable for people that lived in the neighborhood. It was a really successful model.”

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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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