Rise48 Equity Social Media Posts of the Week
This week Rise48 Equity attended the the 2023 Best Places to Work in Arizona event, hosted by the Phoenix Business Journal. Rise48 Equity was ranked #11 out of 229 in the small sized business category!
For a full look at Rise48 Equity’s weekly social media activity, check out the posts below.
We purchased Rise at Dobson Ranch, 120 units in Mesa, AZ, in April of 2022.
We’ve completed a brand new 3-tone exterior paint scheme, re-coated all the roofs, added a brand new monument sign, upgraded the pool deck, added brand new pool furniture, upgraded the BBQ area and added new marketing banners to appeal to prospective residents.
In addition to interior upgrades, we have completely renovated 57 interior units to our platinum level finish and have been achieving an average rent increase of $579 per unit. We’re exceeding our pro forma rents by an average of $11 per unit across these 57 renovated units and are drastically exceeding our expectations on this property. This is $11 per unit over pro forma net of organic rent growth assumptions even as organic rent growth has decelerated the past 12 months.
To watch the full Rise at Dobson Ranch video, click the link below: https://hubs.li/Q02dhTwt0
To learn more about achieving passive cash-flow through Rise48 Equity’s Multifamily Investments, schedule a brief call with us:
#MultifamilyInvesting #PhoenixRealEstate #MultifamilyRealEstate
Rise48 Equity has been named as one of the 2023 Best Places to Work in Arizona. With surveys completed by employees, Rise48 Equity was ranked #11 out of 229 in the small sized business category.
Thank you to the Phoenix Business Journal for this incredible event recognizing such amazing companies! We are truly honored and thankful. We have the absolute best team, and we are dedicated to creating an awesome work culture.
We hope to see you all next year!
To learn about Rise48 Equity multifamily investments, schedule a call with us: https://hubs.li/Q02dhsD90
#BestPlacestoWork #PBJ #ArizonaBusiness
In partnership with Foster Alliance, the largest provider of essential needs for children in foster care in Arizona, Rise48 Equity hosted a holiday toy drive at our Scottsdale corporate office with our team.
We were able to deliver a truck full of gifts to Foster Alliance this holiday season. Thank you to everyone who participated!
#ToyDrive #FosterAlliance #Rise48
About Rise48 Equity:
Rise48 Equity is a Multifamily Investment Group with local offices in Dallas, TX and Phoenix, AZ. “At Rise48 Equity, we provide opportunities for accredited and non-accredited investors to protect and grow their wealth and achieve passive cash-flow. Our team brings expertise to acquire, reposition and return capital to investors upon reaching our business plan. Through our research and strategically formed partnerships, we acquire commercial multifamily apartment properties, strategically add value to the properties, and create passive income for our investors through cash-flow and profits from sale.”
Since 2019, Rise48 Equity has completed over $2.09 Billion+ in total transactions, and currently has $1.65 Billion+ of Assets Under Management located in Phoenix and Dallas. All of the company’s assets under management are managed by Rise48 Equity’s vertically integrated property management company, Rise48 Communities.