July 7, 2021 – BVFD North Phoenix Owner, LLC, a Family Development entity, purchased a ±15.86 acre site located at the Southeast corner of Arroyo Norte Dr & Interstate 17, Phoenix, Arizona. The project will be called Arise Anthem and is planned for 170 Build For Rent Units | 12.2 DUA. The cash purchase price was $4,950,000 | $29,118/Unit. The Seller in this transaction was AV 203 LLC. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented Family Development in this transaction.