industry buzz


Q & A: Greg Hancock of Hancock Builders

October 11, 2018

Let us introduce you to the Valley’s top design and build professionals. Today, let’s get to know Greg Hancock of Hancock Builders and his company’s new and innovative apartment-home hybrid project. 

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Hancock Builders celebrates 40th anniversary with new name

September 28, 2018

1978. John Travolta and Olivia Newton-John made black leather jackets and poodle skirts cool again in “Grease.” “Fantasy Island” premiered on ABC-TV. President Jimmy Carter was in office. The cost of a new car was roughly $4,800. And, Greg Hancock began his first Phoenix home-building company late that year, selling new homes for $35,500.  Read More >

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Not your dad's homebuilder: Phoenix company pivots toward single-family rental market

September 27, 2018

Greg Hancock, CEO of Phoenix-based Hancock Builders, is on his way toward building 4,000 single-family homes in metro Phoenix. But these aren't the typical homes built by his father, Gene Hancock, who founded Cavalier Homes in Phoenix in 1948. Instead, these are hybrid rental homes that combine the privacy of single-family homes with apartment prices and amenities. Read More >

Hancock’s impact on the Valley since 1978.

Hancock’s impact on the Valley since 1978.

Greg Hancock Celebrates 40 Years as A Phoenix Home Builder

January 5, 2018

Phoenix, Ariz. (December 22, 2017) -- 1977. The first Star Wars movie was released. Fantasy Island premiered on ABC-TV. President Gerry Ford was in office. The cost of a new car was roughly $4,800. And, Greg Hancock began his first Phoenix home building company late that year, selling homes for $35,500. Read More >


Christopher Todd Communities unveils tech package for rental living

November 24, 2017

Robin Bailey is a road warrior with a home office. His sales career keeps him busy with travel, client meetings, sales quotas, communications and a need to be constantly connected.  He’s also one of the first residents who will be moving into a new private, luxury rental home created by Christopher Todd Communities in Surprise. Each single-family home features smart home technology. Read More >

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Airbnb and Newgard Announce 'Niido' Partnership

October 31, 2017

Airbnb has announced a partnership with Newgard Development Group, which will be branded as "Niido." CNET's Dara Kerr reports on the venture, through which Newgard will allow tenants in its 324-unit building in Kissimmee, Fla., to list their apartments with Airbnb for up to 180 days a year. In exchange, the developer will share a portion of the income generated by the short-term rentals. Read More >


Christopher Todd Communities starts on 5th rental community this year

October 27, 2017

Christopher Todd Communities has started preliminary construction on its fifth luxury rental community this year in the Phoenix metro area. These innovative “horizontal” communities are single-story, single-family homes with private backyards and offer an alternative to traditional apartment living. Read More >


Optimizing Value and Appeal Through Perception

October 27, 2017

Henry David Thoreau said, “It’s not what you look at that matters. It’s what you see.”In other words, perception is everything. And while most new housing is built with a balance between aesthetics and practicality, constructed of durable and cost-effective materials, the developers of these structures are savvy enough to decisively factor in how tenants perceive their developments. Read More >


Mid-Sized Institutional Players Bolster Investment In Single-Family Rental Home Market

October 3, 2017

A report on the single-family rental home market released on Monday by Amherst Capital Management LLC indicates that institutional ownership of single-family rental homes surpassed 200,000 units in 2016. Read More >

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Rising rents spur metro Phoenix homebuying, but those prices are up, too

September 29, 2017

It's no wonder that so many renters are buying homes in metro Phoenix. The cost of renting a Valley house or condo is up $150 a month from early 2016. And despite the thousands of units under construction in the Phoenix area, the average rent for apartments is up almost $50 a month from last year...
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A new type of rental option coming to Surprise: Luxury communities of small homes

September 30, 2017

A new type of apartment living — luxury leased-home communities — is taking off in Surprise and beyond with appeal for young and old alike. Unless renting a single-family home, renters often find themselves in multifamily, multilevel apartment complexes... Read More >

"Generation Rent" Creates Opportunities In Suburbs

September 11, 2017

Luxury apartments that attract affluent millennials generate headlines, but most from this generation will stay in the suburbs, and fuel demand for affordable apartments. Read More >