Sunstone Two Tree is delivering homes across three new communities in Phoenix. When fully delivered, they will total more than 550 new rental homes. In addition to delivering new homes, the company has closed on a new 20.86-acre lot in Buckeye. The company broke ground on a 238-unit BTR project in Buckeye with construction set to kick off next month. Sunstone paid $8.9 million for the 21 acres where the units are going up.

The three communities where Sunstone is now delivering homes are located in Waddell, Tolleson and Phoenix. Sunstone Two Tree announced plans for the three new communities in September 2023 and began construction the following month. The largest of the three is a 29-acre project called Ironwood Homes at the Rosefield in Waddell. The company has delivered 132 of the 320 planned homes so far and expects to deliver the rest by September 2026.

The project is being developed in collaboration with Capital Square.