When I first toured the rental home neighborhood and homes, I immediately knew it was a winner and I wanted to be involved. –
continued from page 200 developing real estate in diverse regional markets and is chairman and CEO of NexMetro Communities; Alta Vista Communities partner G.S. Jaggi, managing director of Iridius Capital; Roger Karber, an experienced apartment developer and operator; entrepreneur and investor Marc Sandoff, and financier and developer Don Diamond “When I first toured the rental home neighborhood and homes, I immediately knew it was a winner and I wanted to be involved,” said Diamond.
Don Diamond, Partner, NexMetro Communities To help map the future of NexMetro, Abrahams engaged a research team to examine and validate the housing product, identify key consumer demand and acceptance characteristics, and determine markets where the product could be successfully deployed. The research findings inform and guide NexMetro’s plans for the future. Built on Research & Relationships
Because NexMetro’s plans involve rental home neighborhoods in markets beyond Tucson and Arizona, the company is adapting the designs to suit oth-
er market conditions and local consumer preferences. NexMetro will continue to offer discerning renters, single-story detached rental homes in gated neighborhoods, in highly desirable locations, featuring luxury appointments and high-end finishes, private backyards and community pools and spas. The research also found that societal changes that have been in play for nearly a generation, combined with the prevailing economic conditions that persist after the great recession, favor the rental homes. Many home renters do not want to rent a traditional single family home
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