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Virtua Partners Showcases Opportunity Zone Leadership, Breaking Ground on a Community of Single-Family Rental Units in Glendale, Arizona - Vimarsana News

Virtua Partners Showcases Opportunity Zone Leadership, Breaking Ground on a Community of Single-Family Rental Units in Glendale, Arizona

Share: Virtua Partners ("Virtua"), the Scottsdale-based private-equity firm specializing in real estate investment, has broken ground on a new Opportunity Zone development, in Glendale, Arizona. The property, named "V Townhomes at Manistee Ranch," is a 5.78-acre infill lot situated at North 53rd Avenue within the Manistee Ranch Community. Virtua plans to transform the lot into 71 single-family residential rental units, offering entry-level housing options while aligning with Opportunity Zone regulations. Trez Capital's Dallas office is providing construction financing for the project. This is...