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Texas Apartment Developer Bets on Phoenix’s Artsy Roosevelt Row

Concerns of Potential Apartment Glut Rise As Investors Follow Renters Downtown
Moontower PHX is expected to open in Phoenix in 2023. (Lincoln Ventures)
Moontower PHX is expected to open in Phoenix in 2023. (Lincoln Ventures)

Texas-based developer Lincoln Ventures just bought land in downtown Phoenix for its third residential high-rise after breaking ground on student housing towers miles away in Atlanta, Georgia, and Austin, Texas.

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