PLACE AT SANTANA VILLAGE
LOCATION: Peoria, Arizona
TYPE: Residential Development
SIZE: 224 Units
PARTNER: MC Companies
We are pleased to present The Place at Santana Village; Fast Track Capital's third multi-family development project where we have partnered with MC Companies.
The Place at Santana Village is a 224-unit apartment complex in Peoria, Arizona (part of Metropolitan Phoenix). Once built and operational, the complex is
expected to generate cash flow and equity appreciation for investors.
The multi-family sector remains a favourite amongst investors thanks to the "Renter Nation" phenomenon affecting segments of the United States.
As occupancy rates rise in existing apartment complexes (including Fast Track Capital projects), demand for new units also rises. Demand is outpacing
supply in America's fastest growing markets. New units are needed. This presents a tremendous opportunity for reputable firms with access to capital,
such as our partners at MC Companies.
Fast Track Capital jumped at the opportunity to position investors in a market starved for a new, state-of-the-art development such as The Place at
Santana Village. If MC Companies' past development projects are any indication, investors can expect strong cash flows from this property, in addition
to equity appreciation.
Metropolitan Phoenix is one of the fastest-growing areas in the United States. With its warm weather, abundant tourist activities and improving economy,
Metro Phoenix has the sustainable market fundamentals that Fast Track Capital demands.