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ZOM Living obtained funding for Azola Desert Ridge, its first Phoenix project, with more on the way. The new development’s funding includes a joint venture equity investment from Origin Investments and construction financing totaling $88 million.

Located along the Loop 101 Freeway at 56th Street, Azola Desert Ridge will feature 416 apartments across four-story buildings in a garden-style residential community that is expected to deliver by third quarter of 2026.