Banyan at 17 North Inspires Outdoor Adventure in Vibrant North Phoenix

Banyan at 17 North

Banyan at 17 North

PHOENIX (December 4, 2025) – Mark-Taylor Residential continues its expansion into North Phoenix with the addition of Banyan at 17 North. This gated community of townhomes is strategically located near local businesses, parks, shops, and eateries, offering residents endless opportunities to explore their new neighborhood.

The property, located at 2871 West Blue Sky Drive, was built with the intention of encouraging outdoor activity, whether that be in social moments or in relaxing solitude. Uncommonly, Banyan at 17 North offers units with attached garages and personal office spaces. Residents can also enjoy the resort-style pool and sun deck, children’s playground, dog park, and community recreation area.

“Banyan at 17 North was purposefully developed to not only allow residents to live comfortably but to also encourage them to be immersed in the community and neighborhood in which they reside,” said Frank Kim, Managing Director of Multifamily Investments at Mark-Taylor. “We wanted to deliver a unique experience, offering plenty of amenities and outdoor areas for social interaction and connection.”

Banyan at 17 North offers cozy two- and three-bedroom townhomes, designed with open floor plans, high ceilings, and smart home technology for residents’ convenience and comfort. Each unit showcases practical, modern designs, featuring stainless-steel appliances and quartz countertops. The townhomes also display gourmet kitchens, spacious bedrooms and sleek, high-performance GE washer and dryer units.

In addition to its advanced amenities and unparalleled design, Banyan at 17 North is in a prime location right next to I-17, providing residents with easy access to faster routes, new developments, and overall, a home in the sweet spot of the North Valley.

For more information on Banyan at 17 North, visit: https://www.mark-taylor.com/




Newly Constructed Multifamily “The 11 on Limberlost” Sells for $2,000,000 in Tucson

The 11 on Limberlost

TUCSON, Ariz. (December 2, 2025) — A newly constructed 11-unit multifamily community, “The 11 on Limberlost” has sold for $2,000,000 in a transaction that closed on November 20, 2025. The sale reflects pricing of $181,818 per unit and $165.29 per square foot.

Built in 2025, the 12,100-square-foot community comprises eleven 2-bedroom / 2-bathroom units and was completed in August 2025, following construction permits issued on December 18, 2024. The development transformed a previously vacant infill parcel into a modern, turnkey rental community with strong appeal to renters.

The property includes a gated perimeter and secured entry, beautifully finished interiors, in-unit washers and dryers, and air conditioning in all units, aligning with current demand for high-quality, low-maintenance rental housing.

Because Limberlost includes a broad mix of older homes, modest single-family residences, and an increasing amount of new infill redevelopment, this 11-unit project represents a value-added, modern infill product that fills a clear niche: renters seeking newer units in an established — but not luxury-priced — neighborhood. Given the sales and rental price levels for older housing stock in Limberlost, these newly constructed units may command a premium, supporting stable rental demand and strong occupancy. The neighborhood’s location, with convenient access to amenities, transit routes, and central Tucson, further enhances its appeal to tenants who prioritize convenience and modern finishes over suburban location.

The seller was JCM Development.

The brokerage team of Allan Mendelsberg and Joey Martinez with Cushman & Wakefield|PICOR Multi-Family handled the transaction. Contact Allen Mendelssberg at 520.546.2721 and Joey Martinez at 520.546.2730, for more information.

Source: RED Comp #12207




InTrust Acquires 337-Unit Multifamily Community in Mesa, Arizona, Bolstering Portfolio and Fund Strategy

InTrust

Mesa, AZ (December 3, 2025) – InTrust, a leading real estate investment firm, today announced the successful acquisition of Coral Point Apartments, a 337-unit multifamily community located in the highly desirable Mesa-Tempe corridor of Mesa, Arizona. The property was secured in an off-market transaction, underscoring InTrusts ability to identify and execute on high-quality investments amid constrained transaction activity.

The property will be immediately rebranded and repositioned as Morrison in Mesa. The planned value-add strategy includes focused interior upgrades and comprehensive amenity improvements, designed to elevate the resident experience, reinforce the communitys long-term competitiveness, and support stronger leasing performance.

Securing this asset off-market at a compelling basis during a selective market period highlights InTrusts ability to uncover value,” said Josh Needle, CEO. This acquisition adds significant operational scale and efficiency to our existing Arizona footprint, which continues to be a fundamental market for our firm.”

InTrust extends its appreciation to Michael Koshet of KW Commercial, who brokered the transaction and represented both the buyer and the seller, for his pivotal role in sourcing and facilitating this off-market opportunity. InTrust also thanks its investors, capital partners, and industry colleagues for their support in the successful completion of the transaction. The Fund remains active in raising capital and evaluating new opportunities aligned with its criteria.

InTrust is an owner-driven real estate investment company led by principals with an institutionally vetted track record in real estate debt and equity investments. The firm is recognized for its ability to add meaningful value to underperforming properties, serving both institutional and high-net-worth investor clients. InTrust consistently delivers on its commitment to acquire properties and implement strategic improvement programs that enhance operational performance and long-term value.

The company’s primary focus is on acquiring “value-add” multifamily opportunities in supply-constrained, infill markets with strong fundamentals and recent institutional investment. InTrust leverages deep market knowledge and strategic relationships to identify and secure off-market deals, often in areas dominated by private, long-term ownership.

InTrust targets high-barrier-to-entry markets with aging housing stock and strong growth prospects. Preferred markets include Phoenix, Las Vegas, Salt Lake City, Oklahoma City, San Francisco, and Southern California. The company’s approach is rooted in deep local expertise, enabling it to execute business plans effectively and identify opportunities ahead of industry peers.