FAQ: Capital Square's Successful Capitalization of Single-Family Build-For-Rent Community in Glendale, Arizona

What is the main topic of this content?

The main topic is Capital Square’s successful capitalization of a 320-unit build-for-rent community in Glendale, Arizona, highlighting the project’s details and significance.

Why is this project significant?

This project underscores the growing demand for well-designed, build-for-rent communities in prime locations like Glendale, offering high-quality housing and value to investors.

How much equity was raised for this project?

Over $43 million in equity was raised from investors for the Capital Square Glendale BFR, LLC offering.

Who is involved in this project?

Capital Square, with Louis Rogers as founder and co-CEO, has partnered with Sunstone Two Tree as co-developer for this project.

Where is the build-for-rent community located?

The community, named Ironwood Homes at The Rosefield, is located at the southeast corner of Northern Parkway and N. Sarival Avenue in Glendale, Arizona.

What are the features of the homes in this community?

The community includes 102 detached single-family homes averaging 1,655 square feet and 218 townhomes averaging 1,257 square feet, each with two stories, direct garage access, and a private yard.

What amenities will the community offer?

Amenities include a pool, spa, fitness center, parks, BBQs, gated entry, and sports courts.

When is the construction expected to be completed?

Construction is expected to be completed during the third quarter of 2026, with approximately 10% of the units already delivered.

What makes Glendale, Arizona, a strategic location for this project?

Glendale is a top-performing single-family rental investment market with significant rent growth and is near major retail outlets, downtown Phoenix, Phoenix Sky Harbor International Airport, and Luke Air Force Base.

How does this project benefit investors?

The project is poised to provide high-quality housing in a prime location, delivering value to investors through strong economic fundamentals and a strategic partnership.