Successful Lease-Up Leads to Sale of Luxury Multifamily Community Village of Chandler in the East Valley of Phoenix

TruVista Development will announce the new owner at the end of September 2024

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Village of Chandler
Located at 6075 S. Gilbert Road in Chandler, Arizona, Village of Chandler is a 109-unit multifamily housing community well-positioned in the highly sought after East Valley location. Currently, 97% of its units are leased.

Village of Chandler, a TruVista Development managed by Bryten Real Estate Partners, completed a successful lease-up which will result in the sale of the community.

“Village of Chandler leased up very rapidly due to the incredible combination of location, floorplans, and community design,” said JD Levy, President of TruVista Development, the developer and general contractor. “It’s rare to find a new community in an already well-developed area such as Chandler, so it’s no surprise it drove extremely strong demand from new residents looking for a luxury rental community to call home, especially after winning the 2024 Arizona Multi-Family Association’s Best Community Design-Build to Rent.”

The first residents moved into the community in December 2023. With 1-, 2-, and 3-bedroom options, Village of Chandler is one of the only luxury rental communities in the area with upgraded amenities including a resort-style pool, dog park, outdoor workout stations, BBQ grills, walking trails, detached garages and private backyards with pet-friendly doors. It is also located in the heart of Chandler near schools, grocery shopping, dining, local parks, golfing and more.

Earlier this month, Village of Chandler won Developer’s Award Best Design Build to Rent category at the annual Arizona Multi-housing Association Tribute ceremony.

“We are so proud of our partnership with TruVista and the successful lease up it resulted in,” said Susan Kauffman, vice president of business development at Bryten Real Estate Partners. “The sale of this community will continue to help position Chandler as a place of growth and meet the demand of those who desire luxury living in the East Valley.”

Founded in 2023, Bryten has quickly become a leader in multifamily management, combining the expertise and experience of two previously established companies. Currently employing more than 1,150 extremely talented professionals, Bryten manages a portfolio of nearly 47,000 multifamily living units across the U.S., including Arizona, New Mexico, Tennessee, Florida, Colorado, Kentucky, Georgia, North Carolina, South Carolina, New York, and Texas. In addition, Bryten offers due diligence, advisory capacity, construction management, asset repositioning, and cutting-edge technology solutions. Headquartered in Phoenix, Bryten also has additional offices in Denver and St. Petersburg, Florida. The combined geographical presence allows Bryten to offer a transformative approach to multifamily living.

TruVista stands as a leader in the development and construction sector, fortified by over 100 years of collective expertise in development, finance, and construction within its dedicated team. With a robust emphasis on technology and software integration, the company accelerates project timelines while ensuring seamless communication channels. TruVista distinguishes itself through its commitment to nurturing enduring relationships with development and construction partners, thereby optimizing success for all stakeholders involved.