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CHANDLER, AZ-Real Estate Capital Partners’ and Vedura Residential’s partnership to build the 163-unit Elevation Chandler at 2300 W. Pecos Rd. was prompted, in part, by long-term ties. Elevation Chander represents the 13th investment of RECAP’s Metropolitan Opportunity Fund III, and Vedura’s second planned “Elevation” branded multifamily project in Arizona.

“Our company goes back years with Bruce Hart,” comments Steve Henry, RECAP’s vice president. Hart helped co-found Vedura Residential. Henry tells GlobeSt.com that his relationship with Hart goes all the way back to the Trammell Crow Residential days of the early to mid-2000s.

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