New Hybrid Housing Project Supplies Unmet Demand
NexMetro’s latest projects area a hybrid between apartments and single-family homes.
November 06, 2019
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Developer NexMetro is building housing that serves as a hybrid between conventional apartments and single-family homes. The for-rent community is focused in high-growth markets Peoria, Arizona, and Thornton, Colorado. EverWest Real Estate Investors is bullish on the product type, funding construction loans totaling $24.3 million for the two projects.
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