Crown West Realty, L.L.C. is a privately-owned real asset investment, development and management company with offices in New York, Phoenix, Denver, Tucson, Spokane, and Washington's Tri-Cities.

Close to 5 percent of all the single-family houses that developers started to build in 2022 are planned to be operated as rental houses.

Bendix Anderson | Jun 07, 2022

Developers will start construction on tens of thousands of new rental houses in 2022.

The biggest companies that own and operate single-family rental (SFR) housing— like the REITs Invitation Homes, Tricon and American Homes 4 Rent—are all creating thousands of new, build-to-rent houses. These homes are rising in subdivisions planned from the start to operate as rentals, with shared amenities for the renters like swimming pools and pet parks.

These same companies often still buy individual, existing houses to renovate and operate as rental homes—even though home prices are rising as fast or faster

Marana, AZ – Flint Development (“Flint”) acquired two parcels totaling 129 acres from an affiliate of Crown West Land Group within the Crossroads at Gladden (“Crossroads”) development located at Tangerine Road and Interstate 10. Flint Development is a commercial real estate development firm based in Kansas City, specializing in industrial, multi-family and senior living development throughout the country. Flint has over 50 years of combined experience and a proven history in development projects making positive impacts in communities. The acquisition encompasses Blocks 1 and 2 of Crossroads, bounded by Clark Farms Boulevard on the West and Interstate 10 to the East. Flint plans to develop over 1,700,000 square feet of Class “A” industrial space, with the first two spec buildings totaling nearly 1,000,000 square feet