Rise48 Equity Acquires 144-Unit Multifamily Community in Dallas
Rise48 Equity acquired The Lure Apartments, a 144-unit multifamily community in Dallas…Read More
Rise48 Equity Donates Thousands of School Supplies to Phoenix Residents
The Rise48 Group and their philanthropic organization, Rise Up Give Back, hosted their third annual “Rise Supplies” back-to-school events last week….Read More
Rise48 Equity Enters Charlotte Market with Two Acquisitions
Rise48 Equity acquired two Charlotte rental communities, the W Flats Apartments (247 units) and Matthews Pointe Apartments (100 units)….Read More
Arizona investor Rise48 Equity buys Charlotte, Matthews apartment properties
An Arizona investment firm has closed on its first local acquisitions shortly after breaking into the Charlotte market…Read More
Rise48 Equity Makes a Splash in Charlotte with Two Multifamily Acquisitions
These acquisitions mark a significant milestone as the company’s 52nd and 53rd acquisitions since 2019 and its first two deals in the Charlotte MSA, expanding their footprint to … Read More
Rise48 Equity Expands to New Charlotte, NC Market
Rise48 Equity, a multifamily investment group headquartered in Phoenix, Arizona, expanded to Dallas, TX in 2022, and is making their next move into the North Carolina market. The company plans on acquiring … Read More
Rise48 Equity Acquires Metroplex Community
Rise48 Equity has acquired Fielder’s Glen, a 220-unit multifamily community in Arlington, Texas… Read More
Rise48 Equity Buys DFW Community
Rise48 Equity has acquired Mosaic Apartments, a 288-unit community in Haltom City, Texas, a Dallas-Fort Worth submarket. This marks the company’s 50th acquisition.… Read More
Rise48 Equity Celebrates Milestone 50th Multifamily Acquisition
Rise48 Equity, a leading multifamily investment group, today announced the acquisition of Mosaic Apartments in the DFW area of Texas. This 288-unit complex marks a significant milestone as … Read More
Rise48 Equity Acquires 49th Multifamily Apartment Investment
Rise48 Equity, a leading multifamily investment group, today announced the acquisition of Copperfield Apartments in… Read More
Rise48 Equity Acquires 49th Multifamily Apartment Investment
This 323-unit complex marks the company’s 49th acquisition since 2019 and its 9th in the Dallas market, further strengthening its Texas portfolio.… Read More
Unlock Financial Freedom at Financial Freedom Fest in Phoenix, Arizona on March 9th, 2024
Financial Freedom Fest, a premier event hosted by Fundamental and moderated by Zach Haptonstall, CEO, and Co-Founder of Rise48 Equity is set to take place at.. Read More
Mesquite apartments become Arizona-based investor’s eighth D-FW deal
An Arizona-based investor has added to its North Texas holdings with the purchase of a Mesquite apartment community. Rise48 Equity acquired Pecan Ridge apartments, a 210-unit rental community at … Read More
Celebratory crowd honors winners of 2023 CFO of the Year Awards
The Arizona Chapter of Financial Executives International (FEI) hosted the 15th Annual CFO of the Year Awards Wednesday in front of a packed house at Chateau Luxe in Phoenix… Read More
Rise48 Equity Donates Thousands of School Supplies to Phoenix, AZ and Dallas, TX Residents
The Rise48 Group and their philanthropic organization, Rise up Give Back, hosted their second annual “Rise Supplies” events last week in Phoenix and Dallas where they donated thousands of.. Read More
Rise48 Equity’s investments impact local communities
Just four years after it was founded, Rise48 Equity not only is one of Arizona’s top workplaces – it also is one of its biggest success stories. The Phoenix-based company, which provides investment opportunities for.. Read More
Rise48 Equity acquires 6 new apartments and expands to Dallas
Rise48 Equity , a multifamily investment group headquartered in Phoenix, Arizona, has acquired six new apartment properties since January 2023. The newly acquired properties have added.. Read More
Disruption Day 2023 Announces New Sponsors and Exhibitors
The one-day event, which features Rise48 Equity and SunBelt Multifamily, LLC as Platinum Sponsors, will take place on Friday, June 16th at the… Read More
Rise48 Equity Featured on ViewPoint with Dennis Quaid
Rise48 Equity has been featured on Viewpoint with Dennis Quaid, a short form documentary series highlighting industry professionals and groundbreaking organizations… Read More
Rise48 Equity Acquires Spring Apartments in Phoenix for $42M
Rise48 Equity has acquired Spring, a 186-unit multifamily community in Phoenix. Built in 1984, Spring comprises 18 two-story buildings.. Read More
Rise48 Equity Picks Phoenix Multifamily Community
“With larger than average unit sizes and nearly 50% two-bedroom floor plans combined to offer the buyer a prime opportunity to.. Read More
Rise48 Equity details off-market multifamily transaction in DFW
Rise48 Equity has made its second acquisition since opening its Dallas office, adding 360 units to its growing portfolio. Acquired in an off-market transaction.. Read More
Rise48 Equity Acquires Spring Apartments in Phoenix For $42 Million
The company plans to spend $5 million renovating the property. Unit upgrades include quartz countertops, updated lighting fixtures and stainless steel appliances. Rise48 Equity additionally plans to.. Read More
Commercial property sales and leases
Rise48 Equity has purchased the Paces Cove Apartments, a 328-unit multifamily community on Pandora Drive in Dallas.. Read More
Phoenix-Based Rise48 Equity Riding “Workforce Multifamily” to Success
Zach Haptonstall started his real estate investment company, Rise48 Equity, in 2019. Since then, the Phoenix-based company has completed over.. Read More
Rise48 Equity Tries its 80’s Strategy Out in Dallas
Rise48’s Zach Haptonstall believes that in this market operators will have to force the appreciation of the assets by providing a … Read More
Rise48 Equity Pays $27M for Phoenix-Area Asset
Built in 1980, the community incorporates eight two-story buildings encompassing one- and two-bedroom units ranging from 680 to 870 square feet… Read More
New-to-Dallas company closes multifamily acquisition
Rise48 Equity, which aims to acquire 3,000 units this year, has closed on a property in North Texas – a 328-unit apartment complex located at.. Read More
With $1.4 billion in assets, this 31-year-old is setting his sights on Dallas-Fort Worth
Zach Haptonstall, chief executive and co-founder of Rise48 Equity, began to build his real estate career in Arizona and quickly established himself as… Read More
AZ Big 100: 50 commercial real estate companies to watch in 2023
Rise48 Equity – the fastest growing multifamily investment group in Phoenix, has acquired 13 new apartment properties since January of 2022… Read More
AZ Big 100: 25 male leaders to watch in CRE for 2023
But as venture deeper into 2023, one thing is certain: Arizona is filled with brilliant minds and innovative companies that are certain to… Read More
Rise48 Equity Acquires Two Phoenix Properties, Plans Revamp/Rebrand
Rise48 Equity has acquired two Phoenix apartment communities and will immediately start on a comprehensive renovation program. In addition, they will rebrand the two developments. Rise48 spent roughly the same... Read More
Rise48 Equity Buys More Than $60M of Metro Phoenix Apartments in 7 Days
Rise48 Equity has acquired $60,200,000 worth of new apartment communities in the Phoenix, Arizona market. Aspire Glendale Apartments is a $29,200,000, 120-unit multifamily apartment property located in Glendale, Arizona. Brookfield... Read More
Rise48 Equity adds $759M in multifamily acquisitions in 2022
Rise48 Equity – the fastest growing multifamily investment group in Phoenix, has acquired 13 new apartment properties since January of 2022, totaling over $759,000,000, which adds 2,750 units to their portfolio... Read More
Lucky 13: Scottsdale firm snags 13th Valley multifamily property for $125M
Zach Haptonstall is on a roll. The CEO of Rise48 Equity LLC just closed on his 13th multifamily property of the year, paying $125 million to Bean Investment Real Estate for the 376-unit... Read More
Mesa sees 6 resident complex deals totaling $334M
Five Mesa apartment complexes and a condo community have traded hands in the last three weeks in deals totaling $334 million. And on the heels on those deals, a nationwide rental listing firm said that while… Read More
Why this Valley apartment investor is starting his own construction firm
The co-founder of Scottsdale-based Rise48 Equity LLC — which has $1.06 million in multifamily assets under management in metro Phoenix — is starting his own construction firm to handle… Read More
Rise48 Equity Buys Phoenix-Area Portfolio for $107M
SPL Cos. has sold three communities, totaling 462 units in Mesa and Glendale, Ariz., for $107.1 million. Rise48 Equity LLC acquired the portfolio… Read More
Rise48 Equity Adds to Growing Phoenix Apartment Portfolio
A local multifamily investment firm has extended its buying spree in greater Phoenix, spending $107 million to buy a trio of apartment complexes in the Mesa and Glendale… Read More
Rise48 Equity closes $109.85M in transactions in 10 days
Rise48 Equity – one of the fastest growing multifamily investments groups in Phoenix – announced three transactions completed in the past 10 days, totaling $109,850,000. The transactions included… Read More
Phoenix investor creates own firm to manage $1B in properties
Phoenix-based Rise48 Equity — which is on track to close on $550 million in metro Phoenix apartments in 2021 — has formed its own property management company to manage all its own communities…. Read More
Rise48 Equity Sells 3rd Phoenix Community
The company continues to be one of the Valley’s most active multifamily owners. Rise48 Equity has sold Rise on McDowell Apartments, a 76-unit multifamily community in Phoenix, for $15.6 million… Read More
Rise48 Equity acquires $101M of Phoenix apartments in 7 days
In the past week, Rise48 Equity has acquired $101,075,000 worth of new apartment communities in the Phoenix, Arizona market…. Read More
Rise48 Equity Expands in Phoenix With $56M Buy
Rise48 Equity has acquired Solano Vista Apartments, a 352-unit community in Glendale, Ariz., for $56.1 million. The asset last traded in 2019, when Sundance Bay acquired it from 3rd Ave Investments for $30.7 m… Read More
Rise48 Equity Sells Villa Serena Apartments in Phoenix to Tides Equities for $32M
Rise48 Equity has completed the disposition of Villa Serena, a multifamily community located near Interstate 17 in Phoenix… Read More
Rise48 Equity Expands Phoenix Footprint
The company paid nearly $74 million for two multifamily properties located between 6 and 8 miles from the city’s downtown. Rise48 Equity has acquired two multifamily properties in Phoenix… Read More
Phoenix company in escrow for more apartments with goal to spend $1B on properties
Zach Haptonstall, CEO of Phoenix-based Rise48 Equity, just purchased an apartment community in Glendale and is in escrow to close on three more apartment communities… Read More
Rise48 Equity acquires $73.8M of Phoenix apartments in 9 days
In the past nine days, Rise48 Equity has acquired $73,875,000 worth of new apartment communities in Phoenix, Arizon… Read More
Phoenix investor creates own firm to manage $1B in properties
Phoenix-based Rise48 Equity — which is on track to close on $550 million in metro Phoenix apartments in 2021 — has formed its own property management company to manage all its own… Read More
Rise48 Equity sells District Flats Off Dobson Apartments for $18.2M
Rise48 Equity – one of the fastest growing multifamily investment groups in Phoenix – announced the $18,200,000 / $162.5k Per Unit sale of District Flats Off Dobson Ap…. Read More
Rise48 Equity Completes $18M Metro Phoenix Sale
Rise48 Equity has sold District Flats Off Dobson Apartments, a 112-unit multifamily property in Mesa, Ariz. ZMR Capital paid $18.2 million for the asset, according to … Read More
Rise48 Equity buys REVIVAL ON INDIAN SCHOOL FOR $18.4M
Rise48 Equity announced its 11th acquisition in Phoenix since 2019, Revival on Indian School Apartments, a 96-unit multifamily apartment property located in Phoenix, Ari… Read More
Rise48 Equity buys Cascada Del Sol Apartments for $26.7M
Rise48 Equity announced its 12th acquisition in Phoenix since 2019. Cascada Del Sol Apartments is a $26,700,000, 166-unit multifamily apartment property located in Central…. Read More
North Central Phoenix Value-Add Commands $32M
Rise48 Equity has acquired City 15 Apartments, a 161-unit value-add property in Phoenix, from Pacific Reach Properties. ABI Multifamily’s Institutional Apartment Group brokered the $32.3 … Read More
Rise48 Equity Emerges as Phoenix Multifamily Investor with Bullish Plans
Zach Haptonstall was making more than $200,000 a year running a hospice company in Scottsdale. By the time he was 23…. Read More
North Phoenix Community Trades For $24M
The new owner, Rise48 Equity, secured a non-recourse, variable interest rate loan which matures in 2031. Rise48 Equity has completed the $24.3 million acquisition of Pointe… Read More
Rise48 Equity on Track to buy $250M in Valley Apartments
Zach Haptonstall, co-founder, and principal of Rise48 Equity LLC, plans to spend $250 million this year on apartment units in metro Phoenix. Haptonstall said he’s bullish on apartment… Read More