Though this wasn't our initial transaction with GE, it was significant. It cemented the relationship and encouraged both sides to increase our portfolio.

It will be designed to appeal to every level of income from starter to move-up to second move-up to active adult.

The market is strong and it was an opportunity that we wanted to take advantage of.

It's a core asset in a strong location.

We're looking for quality properties that are experiencing below-market occupancy levels or properties that, for whatever their reason, are in need of capital expenditure. We can then put a marketing focus team in there to lease them up.

Lowe Enterprises is well-established in the greater Phoenix market and will continue to advance our program of investments and developments.