Apartment Look

CHANDLER, AZ - Security Properties purchased Arches at Hidden Creek, a 432- unit multifamily property located in Chandler, AZ for $55 million.  Security Properties now own five assets in the Phoenix marketplace.Arches at Hidden Creek is located within the dynamic Chandler submarket .  Chandler's median annual household income is approximately $71,000, 32% higher than Maricopa County, which covers most of the Phoenix MSA.  Chandler's greatest strength is its employment base.  Arches sits within five miles of 70,000 jobs in industries that include high-tech manufacturing, aerospace, bioscience, and advanced business services .  Because of the city's central location and proximity to three freeways, it can pull from more than 1.7 million people within a 30-minute commute. The Price Road Corridor is the area's largest and most established employment center . Silicon Desert, as it is known, is located just one mile southwest of Arches. The property is also within clo...

At the end of one sticky month during the summer of 2017, Elizabeth Bolles will have finished packing the contents of her Riverbend apartment. She, her partner, their two young sons and two dogs will then pile into her Subaru and drive 350 miles to Houston, where her partner will start a new job.   The move is the upshot of six years of frustration and disappointment for Bolles since she graduated from Tulane University's law school in 2011. Since then, she's struggled to find a well-paying job in New Orleans; she's been runner-up for several positions and has worked odd jobs and short-term gigs to make ends meet . She's in the same boat as many of her friends and acquaintances in the city — a one- time National Merit Scholar who's been waiting tables for a decade, a buddy with two doctorates who can't find a professional job .   "You hear one person's story," Bolles says, "and you think maybe there's something going on with them, maybe...