MC Companies’ Tucson Portfolio Expands to Seven Communities

Rock Ridge Apartments, 10333 N Oracle Rd., Oro Valley, AZ
The Place at Rock Ridge, 10333 N Oracle Rd., Oro Valley, AZ

SCOTTSDALE, AZ – With its latest acquisition of Rock Ridge Apartments in Oro Valley, the highest 2014 year-to-date sale for the region (see October 17th Real Estate Daily News story here ), MC Companies portfolio is now up to seven apartment communities in the Tucson area. MC Companies is a real estate investment, development, construction, and management company specializing in the multifamily properties and commercial markets. MC Companies has completed over $300 million in multi-family and commercial value-added transactions since 1985.

MC Communities in the Tucson region include:
The Place at Village at the Foothills – 180 Units at 2600 W Ina Road, Tucson
The Place at Canyon Ridge – 116 Units at 2656 W Broadway Blvd., Tucson
The Place at Rock Ridge – 319 Units at 10333 N Oracle Rd, Oro Valley
The Place at Edewood – 252 Units at 550 N Harrison Rd, Tucson
The Place at Tierra Rica I & II – 288 Units at 3201 W Ina Rd, Tucson
The Place at Creekside – 352 Units at 9971 E Speedway Blvd., Tucson
The Place at Savanna Springs – 204 Units at 289 S Highway 92, Sierra Vista

Ken McElroy and Ross McCallister, Owners of MC Companies have an appetite for Apartment Development. Their approaching twenty-year track record and experience working together developing and managing multifamily real estate support their bullish approach to expanding their Tucson portfolio.

“MC Companies edge lies in pioneering an advanced, forward thinking culture around Branding, not typical in the sometimes-antiquated apartment business, with such operational and marketing innovations as MCLife Go Solo Leasing Tours, Co Work Spaces set up inside clubhouses, MC We LOVE Pets Program and Centralized Leasing gives us an edge over other apartment operators,” says Ken McElroy.

Lesley Brice, Partner and President of MC Residential, says that inherent core strength for numbers and financial statements and bottom line approach to property performance of the assets under her purview has a favorable impression with lenders and partners, helping to ease the path to grow the company’s real estate holdings in what has become a complicated development environment since the great recession.

To learn more MC Companies’ McElroy, McCallister and Brice should be reached at 480.998.5400 and the Tucson office can be called at 520.790.8100, or visit https://www.mccompanies.com