The companies have made a 10-year commitment to donate a building at its SCLA project for a high desert training facility to provide the workforce skills businesses need today.

The developer secures $54 million through PCCP for two apartment projects in Phoenix totaling 534 units.

Last year, senior housing racked up an impressive $15.2 billion in investment volumes, but 2019 activity could surpass it.

Multifamily is becoming increasingly expensive to build, straining budgets, so the Grayson is expected to benefit from limited competition in Spring, where demand outpaces supply at 1.91 units absorbed per delivery.