As we head into the final quarter of 2025, Porter Kyle is excited to bring you the latest insights shaping housing, investment, and development across Phoenix and beyond. In this edition, we cover key market trends—from the national housing shortage and rental rebound highlighted by JPMorgan and John Burns to Phoenix’s ongoing economic momentum fueled by tech giants like Nvidia and TSMC. We also explore how luxury rental communities are attracting high-net-worth residents, reflecting a broader shift in housing preferences as ownership becomes increasingly out of reach.
We’re also thrilled to share an update from the field: The Wayne in Chandler has completed all underground work, started foundation pours, and will begin vertical construction in the coming weeks. Each article in this newsletter offers actionable insights for investors, renters, and industry professionals alike. Don’t miss a beat—sign up to receive Porter Kyle updates directly and stay informed on the projects, trends, and opportunities driving the Valley’s housing and real estate market forward.
Early on in Connect CRE’s 2025 Summer Leadership Series, we presented the views of four key industry figures on hedging strategies for the current market volatility. Unsurprisingly, the question is one that many industry leaders have considered, and here we present responses from four more. Below you’ll find insights from Daniel
A Vision That Hit the Mark When Porter Kyle set out to develop The Ashley, it wasn’t just building another set of rental homes—the BTR developer was anticipating what Chandler’s residents would want next. The firm saw a gap in the market for upscale, low-maintenance living with the feel of
If it feels like Phoenix is in the middle of a boom, that’s because it is. The Valley is no longer just a place for sunshine and golf—it’s turning into one of the most exciting, fastest-growing innovation hubs in the country. From billion-dollar tech investments to new direct flights to
The Phoenix multifamily market is in the midst of a dynamic period defined by record-setting absorption, strong rental demand, and evolving development patterns. Against a backdrop of shifting national housing trends, the metro is seeing robust activity in both traditional apartment construction and the fast-growing build-to-rent (BTR) sector, particularly townhome-style
At the July meeting of the Federal Reserve’s Federal Open Market Committee, the benchmark effective federal funds rate was left unchanged. The FOMC last cut the EFFR, by a quarter point, in November 2024, and as 2025 began, it was expected that the committee would continue to loosen monetary policy.
For the third year in a row, Connect CRE is launching a summer Leadership Series. This year, the focus is on the near-term prospects for commercial real estate, and we have asked key industry executives for their assessments. For the inaugural installment, we asked about the likelihood of a general
The American dream isn’t dead—it’s just being redefined. As affordability challenges grow and life paths shift, more people are choosing to rent for longer, and in many cases, permanently. For multifamily owners and developers, this represents more than a cyclical shift—it’s a structural opportunity. Recent data and industry insights paint
Porter Kyle’s $60-million The Wayne Build-to-Rent townhome community in Chandler just cleared a significant milestone that sets the stage for the entire development process to unfold. This month, crews completed the installation of seven storm tanks across The Wayne’s site, which means mass grading and pad development can now begin in
Phoenix has long been known for its sunshine and sprawl, but in 2025, it’s earning a new reputation—as one of the country’s most dynamic engines of economic growth. A confluence of tech sector expansion, manufacturing investment, and historic job creation is reshaping the region’s trajectory and fueling strong demand across
Mid-Year Housing Market Update: A Chilly Spring and Glimmers of Rental Resilience By Taylor Shultz (who attended the John Burns Research webinar, so you didn’t have to) If you were hoping for a mid-year housing market pep talk, the John Burns Research team had some sobering news during their recent
Build-to-Rent Housing Evolves: Porter Kyle Bets on Townhome-Style Communities Housing preferences continue to shift across the U.S., and build-to-rent (BTR) has emerged as a fast-growing segment in residential development. Once dominated by traditional apartment complexes, the BTR model now encompasses a range of formats—single-family detached homes, duplexes, horizontal apartments “villa”,
Millennial Homeownership Trends and the Rise of Build-to-Rent Living Millennials are now America’s largest generation, but when it comes to homeownership, they’re falling far behind their parents—and redefining what the American Dream looks like. In fact, just 47% of Millennials own homes, compared to 65% of Gen Xers and 74% of Baby Boomers, according
Porter Kyle, a Scottsdale Arizona based multifamily builder and developer has broken ground on The Cleveland, a 100-unit townhome rental community in Goodyear Arizona, and is expected to start leasing next spring. Porter Kyle recently completed construction on The Prescott at Park West in Peoria and just completed construction on
The Ashley Luxury Townhomes Open in the Heart of Chandler Class A Townhome Community in Chandler, AZ Scottsdale based Porter Kyle announced the opening of the highly anticipated Ashley Luxury Townhomes, in Chandler, AZ. The luxury community designed by Porter Kyle architects and developed by Porter Kyle Builders, is actively
Porter Kyle Opens Highly Anticipated Prescott at Park West Class A Townhome Community in Peoria, AZ Scottsdale based Porter Kyle announced the opening of the highly anticipated Prescott at Park West, in Peoria, AZ. The luxury community designed by Porter Kyle architects and developed by Porter Kyle Builders, is actively
Porter Kyle Opens The Carson in Gilbert, AZ Class A Townhome Community for Lease Scottsdale, August 2022 – Porter Kyle, a Scottsdale based residential lifestyle developer has opened its newest luxury townhome community at 13200 S Gilbert Rd, in Gilbert, AZ, less than two miles from Gilbert’s Heritage District. Managed
Porter Kyle Closes on BTR Site Class A Townhome Community for Site PHOENIX, July, 2022 – Porter Kyle, a Scottsdale residential lifestyle developer, has paid $2,034,000 for 6.23 acres of land at 1003 N. Sarival Ave. in Goodyear, AZ. The company plans to build a Class A townhome community on