Phoenix Multifamily Market:
Overview and Outlook
A presentation from Connor Devereux, Senior Director of Market Analytics at CoStar Group · Hosted by State 48 Real Estate Collective
Reserve Your Spot →Powered by Rise48 Equity · Free admission · Space is limited
The Valley’s Community for Real Estate Investors & Professionals
State 48 Real Estate Collective brings together capital raisers, passive investors, and real estate professionals from across the Phoenix Valley. This month we’re stepping back from any single story to look at the numbers behind the whole market.
Connor Devereux, Senior Director of Market Analytics at CoStar Group, will walk through where Phoenix multifamily stands right now and where it appears to be heading. Supply and deliveries, absorption, rent growth, concessions, vacancy, and the submarket picture, pulled straight from CoStar data.
Come as you are. Leave with relationships and perspective you can actually use.
Presented by Connor Devereux, Senior Director of Market Analytics, CoStar Group · Audience Q&A moderated by Jason Kish
The Agenda
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5:30 PMDoors Open: Networking & FoodArrive, grab something to eat, and connect with fellow investors, capital raisers, and operators from across the Valley.
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6:15 PMWelcome RemarksA quick welcome from Jason Kish, with an introduction to the evening’s topic and speaker.
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6:20 PM – 7:00 PMFeatured PresentationPhoenix Multifamily Market: Overview and Outlook Connor Devereux, Senior Director of Market Analytics at CoStar Group, on the data behind Phoenix multifamily right now: supply, absorption, rent growth, concessions, and how the submarkets compare. Audience Q&A moderated by Jason Kish.
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7:00 PM – 8:00 PMOpen NetworkingContinue conversations with Connor and fellow attendees. Build relationships, exchange ideas, and make the connections that matter, all in a relaxed, open setting.
Who You’ll Hear From
Market analytics from the team whose data most of the industry runs on, presented by someone who tracks Phoenix multifamily fundamentals day in and day out.
Built for People Who Take Real Estate Seriously
State 48 Real Estate Collective exists to bring together the serious people shaping Phoenix real estate and give them a dedicated space to connect, learn, and grow. Here’s why this evening is worth your time:
Direct Access to Active Operators
Connect face-to-face with capital raisers, brokers, and operators who are actively deploying capital in Phoenix right now, not just talking about it.
A Sharper Read on Phoenix Demand
Supply, absorption, and rent growth tell you where the market actually is. Get the current numbers rather than the headline version.
Submarket-Level Detail
Phoenix is not one market. See how the submarkets diverge on deliveries, concessions, and vacancy, and which ones are tightening first.
Genuine, Low-Pressure Connections
Build real relationships in an approachable, relaxed setting, designed to make authentic connection easy and natural, not transactional.
This Evening Is For You If…
A Look at Where We’ve Been
Two meetups in, and the room keeps getting better. Capital raisers, passive investors, and operators from across the Valley, together for candid conversation and real connections.
RSVP for the Event
Space is limited. Secure your seat for Thursday, October 15 in Scottsdale, AZ.