(To read more on the multifamily market, click here.)
IRVINE, CA-Senior partner Chad McCollum of Phoenix-basedAlliance Residential Co. has relocated here as part of Alliance'splans to double its existing $750 million multifamily projectpipeline to $1.5 billion. McCollum, who formerly was based out ofAlliance's North Texas Division in Dallas, tells GlobeSt.com thatthe company believes it can add the $750 million of new developmentto its pipeline within two to three years.
McCollum notes that Drew Colquitt, the managing director anddevelopment partner who heads the Alliance office here, has builtthe current $750-million pipeline in the three years since Colquittestablished the office. He says the $750-million figure includesprojects that have been built as well as those underdevelopment.
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