Leasing Begins at Alta Paradise Ridge in Phoenix

New Upscale Multifamily Community Offers 278 Luxury Units

PHOENIX–(BUSINESS WIRE)–Wood
Partners
, a national leader in multifamily real estate development,
management and acquisition, announced today that leasing has begun at
its Alta
Paradise Ridge
community in Phoenix, Arizona.

The new 278-unit luxury community is ideally located between Phoenix and
Scottsdale and offers impressive scenic desert and mountain views. The
rental homes provide a prime setting to support the active lifestyles of
the community’s renter. Residents are able to take advantage of the
short walking distance to Whole Foods, Harkins, and many dining and
entertainment options. The Mayo Clinic, Scottsdale Quarter and Desert
Ridge are also nearby. The community’s convenient freeway access allows
residents to easily connect to greater Phoenix.

“When creating Alta Paradise Ridge, it was important to us that we offer
residents an unparalleled living experience,” said Todd Taylor,
development director for Wood Partners in Arizona and Nevada. “Our
internal design process has continued to create beautiful multifamily
units with fully-equipped, elegant amenities attractive to young
professionals, families and empty nesters.”

Each unit includes a large quartz kitchen island, stainless steel
appliances and wood style flooring, creating a functionally dynamic
environment for cooking and entertaining. USB outlets, gigabit internet
speeds and Bluetooth speakers seamlessly connect residents and their
technological devices directly to their home.

Exclusive community amenities have also been incorporated to match the
lifestyles of the Alta Paradise Ridge’s targeted audiences including a
24-hour fitness center, personal training, and yoga and spin rooms.
Residents are also able to enjoy a wide range of opportunities for
collaboration and relaxation in inviting spaces that include a clubhouse
with an 11-foot television, a beach entry pool overlooking a private
reserve, private dining room, and a rooftop terrace.

“More than just a place to live, Alta Paradise Ridge connects residents
to the vibrancy of Phoenix and their community,” added Taylor. “We are
proud to offer a top-tier living experience with a unique sense of place
and culture to our targeted renter.”

To learn more about Alta Paradise Ridge or arrange a tour, please visit www.altaparadiseridge.com.

About Wood Partners

Wood Partners is a national real estate company that acquires, develops,
constructs and manages high density and mixed-use communities. It ranks
consistently among the top five multifamily developers in the country.
Through quality construction, responsible land development and
intelligent design, our communities reflect the aesthetic and social
fabric of the community and provide a luxurious living experience at a
fair price. The company has been involved in the acquisition and
development of more than 53,000 homes with a combined value of more than
$8.3 billion nationwide. The company currently owns more than 75
properties with a combined total of 21,000+ units. Wood Partners has
offices in 18 major markets nationwide including Atlanta, Austin,
Baltimore, Delray Beach/South Florida, Boston, Charlotte, Chicago,
Dallas, Denver, Houston, New York, Southern California, Orlando,
Phoenix, Portland, Raleigh-Durham, San Francisco, Seattle, and
Washington, D.C. To learn more about Wood Partners, please visit our
website, WoodPartners.com.

Contacts

Singer Associates for Wood Partners
Gina Antonini, 415-227-9700
gina@singersf.com