NexMetro is helming its 24th metro Phoenix build-to-rent project. Mosaic is the general contractor on Avilla Palomino, 197 cottage-style apartments on 18 acres at 5023 W. Peoria Ave in Glendale. The $63 million project is expected to be completed next summer.
The rental units at Avillo Palomino will include single-family detached homes and attached duplexes ranging from 690 to 1,265 square feet. Amenities will include a resort-style pool and spa, shaded pavilion, outdoor barbecues, open space areas and a dog park that will include a dog wash station and pet fountains. NexMetro’s Jared Geisler added, “There is high demand for our Avilla Homes neighborhoods by people seeking a new home lifestyle with a lease and full maintenance.”
Mosaic and NexMetro Communities plan to continue their collaboration with additional build-to-rent communities in Texas and Arizona.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.