As more people continue moving from the West Coast to the red-hot Phoenix market, investment capital is aggressively following, primarily in the bustling multifamily and single-family build-to-rent sectors.

Phoenix is also a hot spot for corporate relocations and company expansions including big tech. More technology companies are moving to Arizona, newly named the “Silicon Desert.” Due to this expansive job growth, demand for apartments in Phoenix is outpacing supply and driving unprecedented rents. This episode includes Debt & Equity Managing Director Brandon Harrington and Investment Sales Senior Vice President Jesse Hudson. View our full market reports at northmarq.com/news/