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National Multifamily Developer Zom Living Enters Phoenix Market With Plans to Deliver Up To 1,600 Luxury Apartment Units


MIAMI, FL - ZOM Living, one of the nation’s largest developers of multifamily housing, has acquired a portfolio of four parcels totaling 33 acres in Phoenix and Scottsdale with plans to deliver thousands of new apartment units over the coming years. The Florida-based firm intends to build up to 1,600 luxury units as part of a first phase of development spread across five rental communities located in North Phoenix, Scottsdale, and the Biltmore District, resulting in a combined investment exceeding $500 million. The four sites were purchased by an affiliate of ZOM Living through an auction in the U.S. Bankruptcy Court. ....

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