SFR’s Share of Rental Market Expands Single-family rentals (SFRs) now are the fastest-growing segment of the U.S. rental market, reaching a five-year high in market share, according to a Point2Homes analysis of Yardi Matrix data. This surge is largely driven by millennials who face ongoing challenges in affording homeownership. Increasingly,
Porter Kyle Breaks Ground on The Wayne, a $60-Million BTR Townhome Development in Chandler, AZ Porter Kyle broke ground this month on The Wayne, a roughly $60-million multifamily Build-to-Rent (BTR) project in Chandler, Ariz. The 100-unit community is one of the only BTR townhome developments in Chandler and is expected
Demand for BTR housing is projected to rise in the coming years as younger adults delay starting families. Millennials are forming households later and that pause is expected to result in home ownership being pushed back, as well. The rental housing market will likely benefit since a generation of 73
Location: Warner and Dobson roads in Chandler Description: The Wayne, a $60 million single-family rental development is being built by Scottsdale-based Porter Kyle, a multifamily builder and developer. The project will include 100 units and is Porter Kyle’s second project in Chandler. The project will have units ranging from one
DEVELOPMENT: Porter Kyle breaks ground on Arizona BTR. Porter Kyle has broken ground on The Wayne, a $60 million BTR townhome community in Chandler, Arizona. This 100-unit development marks the firm’s eighth BTR project and its second in Chandler, offering a rare townhome rental option in the area. The Wayne
Porter Kyle, a Scottsdale-based vertically integrated multifamily builder and developer, broke ground on The Wayne, a roughly $60-million multifamily Build-to-Rent (BTR) project in Chandler, Arizona. Taylor Shultz, Partner of Porter Kyle, said, “Chandler is one of the region’s premier submarkets and continues to hold strong appeal across multiple demographic sectors.
Scottsdale-based Porter Kyle is charging ahead with $175 million worth of townhome rental projects in the Valley even as the rest of the nation takes a pause in construction. Developers in other parts of the U.S. are already seeing an 80% drop in multifamily starts. Taylor Shultz, partner of Porter
Source: https://crenews.com/2025/03/07/work-starts-on-60mln-apartment-project-in-chandler-ariz/ Commercial Real Estate Direct
Porter Kyle broke ground on The Wayne, a $60-million multifamily Build-to-Rent (BTR) project in Chandler, Ariz. The 100-unit community is one of the only BTR townhome developments in Chandler. The project is Porter Kyle’s eighth BTR townhome community and is the firm’s second project in Chandler. The Wayne is expected
Scottsdale-based Porter Kyle broke ground on The Wayne, a $60 million, 100-unit townhome project in Chandler. Construction starts are down in the multifamily sector, but one Scottsdale developer isn’t paying attention and is going full speed ahead. Here’s where the developer is building next. Source: https://www.bizjournals.com/phoenix/news/2025/03/05/porter-kyle-scottsdale-developer-housing-projects.html Phoenix Business Journal
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