Smart Investments.
Strong Communities.
Middle Income Housing with Competitive Returns
Welcome to
“CenTria Living”
At CenTria Living, we develop passive real estate investment opportunities to address the rapidly growing, | middle-income housing crisis in the Phoenix Metropolitan Statistical Area (MSA).
As a multifamily real estate firm developing “attainable housing” in the Class B (sub-100 unit) category, we offer a proven methodology in the selection, location, construction and operation of these projects.
These solutions are especially critical for middle-income tenants including young professionals, small families and essential workers who are unable to afford a home or luxury Class A properties in their communities.
Modern floorplans, quality construction, desirable locations with realistic rents. Some call it the answer to the middle-class housing crisis. We like to call it “CenTria Living.”
Why It Matters
Middle Class Housing is the Heart of Our Local Economy
The current local housing market is reaching a critical stage for the middle class with even dual-income households struggling to find quality options. Nurses, teachers, and police officers are the new face of the Valley’s housing crisis.
The crisis is showing signs of catastrophic effects on our local economy, increasing homelessness and forcing an exodus of workers essential to many neighborhoods.
These events increase stress on government budgets and public services, negatively impacting those from all walks of life.
High Occupancy Rates and Rising Rents Add Pressure
Existing middle-class housing offers few opportunities as tenants realize they don’t have many options. Instead of moving, many elect to pay higher rents because there are few alternatives. The lack of tenant turnover adds pressure to the market, forcing rents higher, while higher housing costs reduce the buying power of residents, leaving less income for items like food, utilities and other necessities
(Phoenix MSA)
The Phoenix MSA continues to attract new industries and business growth, but wages make finding suitable housing a challenge for the middle class. The majority of income earners may experience some degree of risk in finding suitable housing as inflation reduces their buying power.
Our Competitive Advantage
People
Relationships
Innovation Thinking
Integrity
Crafting Tomorrows Living Space
Set New Standards in Modern Home Constructions
Smart Investments Build Stronger Communities
Connect with Us!
Feel free to contact us any time. We will get back to you as soon as possible.
