
Phoenix Market Momentum: 2025 Year in Review and the 2026 Outlook
Phoenix closes out 2025 in a position that many Sunbelt markets would envy—powered by record job creation, a surge of high-profile corporate investment, nation-leading construction
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.

Phoenix closes out 2025 in a position that many Sunbelt markets would envy—powered by record job creation, a surge of high-profile corporate investment, nation-leading construction

The Counter-Intuitive Truth: Today’s Challenges Create Tomorrow’s Opportunities In a market experiencing widespread rent declines and elevated vacancy, suggesting now is the time to break

Porter Kyle reached a key milestone on The Cleveland Build-to-Rent (BTR) project in Phoenix’s West Valley. The Scottsdale-based vertically integrated multifamily builder and developer recently

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.

Company: Porter Kyle Taylor Shultz is a partner of Porter Kyle, a Phoenix, AZ-based vertically integrated builder and developer that builds for its own portfolio

BTR developer Porter Kyle closed a $28.5 million refinance for The Cleveland, a newly constructed 100-home build-to-rent community located at 1035 N. Sarival Avenue, Goodyear, AZ. The financing was arranged

Multifamily Investment Momentum Builds Despite Market Headwinds The multifamily sector continues to attract significant investor attention as we close out 2025. Improved capital access and

Phoenix continues to demonstrate its staying power as a top-tier multifamily market, maintaining its position as the 10th-ranked market in PwC and Urban Land Institute’s

The Cleveland, Porter Kyle’s 100-home build-to-rent community in Goodyear, has hit a significant milestone by reaching 50% leased just months after its grand opening. The

Each year, PTK magazine — a publication of AZ Big Media — showcases the top people and projects to know in Arizona’s commercial real estate

In an environment where housing affordability, demographic shifts, and institutional capital are converging, Build-to-Rent (BTR) has quickly evolved from a niche development model to one

Porter Kyle’s $60-million The Wayne build-to-rent townhome community in Chandler continues to move full steam ahead—this time with visible momentum above ground. The development has officially completed

Phoenix Metro has clearly established itself as America’s undisputed economic powerhouse. Proof point No. 1: Eight Phoenix-area cities now rank among the top 10 municipalities

A new wave of wealth and a shifting affordability landscape are reshaping the housing market in Greater Phoenix — and redefining what “home” means for

If you’ve been watching the housing headlines lately, you know the story has shifted. After years of soaring prices and bidding wars, the conversation is

Goodyear, AZ, September 17, 2025 — Porter Kyle, a Scottsdale-based vertically integrated multifamily BTR developer and general contractor, announced the closing of a $28,500,000 refinance

$28.5 Million Refinance Validates Success of Porter Kyle’s Premier Build-to-Rent Community The Cleveland’s recent $28.5 million refinancing represents an important validation of Porter Kyle’s development

The build-to-rent (BTR) townhome market continues to gain momentum as more renters seek housing options that combine the comfort of single-family living with the flexibility

Phoenix Metro clearly has established itself as America’s undisputed economic powerhouse. Proof point No. 1: Eight Phoenix-area cities now rank among the top 10 municipalities

The multifamily sector is experiencing a fundamental shift in demand dynamics that extends far beyond headline absorption numbers. While the industry’s achievement of 530,000 net

The Cleveland reached construction completion in July 2025 and recently held its grand opening, with 25% of homes already leased. Porter Kyle, a Scottsdale-based vertically

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

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

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

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

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.

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

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

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

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