New $28M community for veterans, seniors coming to Phoenix; plus 9 more Valley real estate deals
Philadelphia-based Pennrose LLC is making its Phoenix debut with the construction of a 60-unit apartment community for low-income seniors and military veterans.The 58,000-square-foot apartment community is being built at 1510 E. Portland St. in partnership with Butler Housing and CBC Financial Corp.Total development costs are expected to be around $28.2 million. Financing was provided by…