Shelter Asset Management opens 531-unit, $175M Home at Maricopa Apartment community, with more on the way

  • 2/27/2026

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Phoenix Business Journal

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Highlights
Shelter Asset Management opened two of six buildings at its $175 million Maricopa apartment project
The 531-unit Home at Maricopa is set to be completed during the second quarter of 2028
Metro Phoenix apartment rents declined 3.3% annually, showing supply outpacing demand in the market

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