PHOENIX—Resmark Apartment Living, a division ofreal estate investment advisor The ResmarkCompanies, announce a new joint venture withWestfield and Greystar to developa 344-residence apartment community in Desert Ridge that recentlybroke ground. The almost 15-acre site is located at thenortheast corner of East Deer Valley Road, west of north56^th street.

“This location provides the best of Phoenix and itswell-established master plan,” ZivCohen, COO, Resmark Apartment Living, tellsGlobeSt.com. “The employment access to urban areas of Phoenix andScottsdale is phenomenal. Then there are the walkable amenities,the access to Desert Ridge, and you can walk out and enjoy the openspaces—biking, hiking and walking right out your front door.”

Cohen emphasizes the partnership with Westfield and Greystar:“We have partners that possess considerable experience in the localmarket, which is an established hub for major employers andcontinues to grow.”