At a time when rent growth is weak nationwide, Dallas-based StreetLights Residential is making a bold move to unveil an ultra luxury boutique where monthly lease rates range between $8,000 and $16,000.Yardi Matrix is forecasting a year-over-year decrease of 1.3% in rental rates in metro Phoenix, according to its newest report, which showed average rental rates of $1,587 in Phoenix in May.But The Bergen, at 4240 E. Camelback Road in Phoenix, is somewhat isolated from rent softening within the Phoenix and Sunbelt markets, said Greg Nadeau, senior vice president of development for StreetLights.”We’re pioneering and bringing a different living experience to the Valley,” Nadeau said.With 58 homes ranging between 1,585 and 3,166 square feet, the penthouse-style apartment community offers 24/7 valet and 24/7 concierge services. An onsite team consists of two full-time concierge members and one general manager. They are at the ready to run errands and personal services, set up golf tee times, procure event tickets and secure preferred seating at top restaurants. They also provide pet services, home care and handy work.Community amenities include a resident chef’s kitchen and bar with private dining setting, private gathering lounges with a double-sided fireplace, a wine and whiskey room with built-in wine storage, a resident library and study, fitness center and flex room for personal training sessions and a pool deck with cabanas, spa and outdoor fireplaces.The pool is on the second floor, offering views of Camelback Mountain.The Bergen, 4240 E. Camelback Road, Phoenix.”We’re offering something that doesn’t exist in Phoenix bu …
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