Wood Partners, L.L.C, one of the nation’s most active multifamily developers, announced that Todd Taylor has been promoted to director, overseeing all aspects of development and finance for Arizona and Nevada.
“Todd has done a great job of restarting our development efforts in the Phoenix area,” said Patrick Trask, regional development director for Wood Partners in the Central Region, which includes Texas, Colorado, Arizona, Utah and Chicago. “We are pleased to have Todd leading our development team in Arizona and in Nevada as that market recovers. We look forward to a prosperous year and beyond in Todd’s territory.”
Taylor joined Wood Partners in 2005 and was involved in the financing and development of 1,400 units in Arizona and Nevada, including Alta Phoenix Lofts, a 332-unit, nine-story, concrete wrap-style development that ranked first in the 2009 Best of Phoenix Luxury Apartment list. The 2011 Phoenix Luxe List ranks three of Taylor’s deals among the top eight valley-wide.
“Unlike some other markets, Phoenix is in just the early innings relative to apartment development post-recession,” Taylor said. “We are excited about the prospects for the MSA going forward. For a variety of reasons, we anticipate a longer, and frankly healthier development cycle here than what we have seen in the past.”
Taylor has developed a broad range of multifamily properties, including market-rate rental, mixed-use, condominium, student housing, age-restricted, full-service independent living and 80/20 affordable bond-financed.
Taylor completed his undergraduate studies at California State University Long Beach and holds an MBA with a concentration in real estate finance from the Marshall School of Business at the University of Southern California. He played professional baseball for the Minnesota Twins.
