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Sundt Completes First Building at Benedictine Monastery

TUCSON, Arizona – Sundt Construction, Inc., recently completed the south residential building for the Benedictine. This is the first of two multi-family structures surrounding the historic Benedictine Monastery in midtown Tucson. “This is a great milestone for our team on this noteworthy project,” said Ian McDowell, Sundt’s Vice President and Tucson Regional Director. “The hard …

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Picor Reports a Sizzling Multifamily Market Mid-Year

For investors looking for investments $20 million and under, Tucson ranked number 4 on the list of small/middle sized markets. A larger driver of the demand for multifamily in Tucson is the attractive year-over-year (YOY) average rent growth of 9.1%. The shortage of affordable and traditional housing in Tucson also fuels apartment rental demand. With …

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