Phoenix Office · Vertical

Attainable Housing

Workforce and attainable housing at institutional scale, in the markets where demand most outstrips supply.

Workforce and attainable housing at institutional scale, in the markets where demand most outstrips supply. Yield-accretive, community-durable, capital-scaled.

Focus Areas

Where we underwrite conviction.

01

Workforce Multifamily

80–120% AMI multifamily in supply-constrained metros.

02

Build-for-Rent

Purpose-built single-family rental communities in Sun Belt growth MSAs.

03

Manufactured Housing

Institutional-quality manufactured housing communities.

04

Community-Anchored

Mixed-income housing tied to employer anchors and public-sector partnership.

Platform Metrics

By the numbers.

$160B
Committed across attainable housing
42,000 units
Multifamily, BFR, and MH portfolio
94%
Portfolio occupancy (target)
80–120% AMI
Primary income band
Regional Office

Phoenix, AZ

Attainable Housing Vertical
101 North First Ave Suite 2325 Phoenix, AZ 85003
602-587-1800
[email protected]
[email protected]
Fund Platform

Funds & Allocations

Funds
6
Total Allocation
$160B
FundFund Size
PCC Attainable Housing Fund I$30B
PCC Attainable Housing Fund II$28B
PCC Attainable Housing Fund III$22B
PCC Attainable Housing Fund IV$30B
PCC Attainable Housing Fund V$28B
PCC Attainable Housing Fund VI$22B
Total — Attainable Housing$160B
Illustrative — Representative Asset

First Avenue Workforce Community

Phoenix, AZ
480-unit workforce multifamily · 80–120% AMI · adjacent to major employer campus

Purpose-built Phoenix workforce housing serving healthcare-, education-, and public-sector employees under long-term community partnership.

Anchor tenant: Residential (representative)

Market Context

Underwriting environment

Real-world data grounding the thesis
4.9M units
U.S. housing shortage (2024 est.)
+40%
U.S. rents 2019–2024 (nominal)
34%
U.S. renter households cost-burdened
National Association of Realtors — Housing Shortage · HUD — Rental Data · Joint Center for Housing Studies — Harvard

Serious capital for attainable housing.

Qualified LPs and institutional partners can request the full data room and current allocation window.

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