alliance residential Archives

Crowd honors Arizona’s Most Admired Companies


A crowd of more than 400 people packed the Chateau Luxe in Phoenix Thursday to honor the 40 companies who were named Arizona’s Most Admired Companies for 2015. “When developing the Most Admired Companies program, the primary goal of Az Business magazine and our partner, BestCompaniesAZ, was to recognize those companies that excel in workplace culture, social responsibility,… Read More →

Project News: July/Augst 2015

en Hance Park

Flooring Sky Harbor The City of Phoenix, McCarthy Building Companies and Richard-Bauer will replace approximately 440KSF of Terminal 4 with terrazzo flooring. The project will begin in September 2015 and is expected to be completed in October 2019. Ante up Alliance Residential closed on two multifamily sites in Gilbert and Phoenix in early May. The two developments… Read More →

Alliance Residential named “Top Companies to Work For”  Elnur Amikishiyev

Alliance Residential, the largest multifamily developer and seventh largest multifamily manager in the nation, has been named one of CareerBuilder’s Top Companies to Work for in Arizona by Republic Media (The Arizona Republic,, La Voz) and CareerBuilder. This is Alliance’s second year on the annual listing. Companies are evaluated and selected based on a combination… Read More →

Alliance Residential buys multifamily site in Gilbert

Broadstone Civic Center

DTZ announced that Broadstone Civic Center, LLC (Alliance Residential) purchased a 13.72 acre, 256-unit multifamily development site located south of the southwest corner of Warner Road and Civic Center Drive in Gilbert for $3.85 million ($$15,039 per unit). The seller was AZ Gilbert Holdings 2, LLC (an entity formed by Lehman Brothers Holdings, Inc.). DTZ… Read More →

Alliance Residential recognized in NMHC’s rankings report

Courtesy of Prudencio Alvarez
by in AZRE Magazine | Featured | In The Spotlight

Alliance Residential has earned national recognition by making the National Multi Housing Council’s (NMHC) annual multifamily industry rankings report. For the first time, the NMHC expanded to include the nation’s Top 25 Developers, with Alliance ranking as the No. 1 apartment developer with 7,500 starts in 2014. This follows Alliance’s No. 1 ranking on last… Read More →

Dale Boyles joins Alliance Residential

by in AZRE Magazine | Newsmakers

Alliance is expanding into senior housing and has tapped 20-year industry leader Dale Boyles to spearhead the effort. “After carefully studying the segment, Alliance has made the strategic decision to expand into senior living”, says Jay Hiemenz, Alliance President and COO.  “We see demographic trends translating into strong demand on a national scale, coupled with… Read More →

Multifamily developers make name brand connection


Naming apartment communities has always been an art form. Some community names connect to romantic or exotic locales, others to the landscape and still more simply to location. “We believe that an apartment is more than just a place to have dinner and go to bed,” says Rob Lyles, partner in Deco Communities. “We see… Read More →

Hines closes on purchase of 25-acre Chandler Viridian

C:UsersRogerDesktopProjectsHines - Chandler CommonsCADCD

Hines, the international real estate firm, announced today that it has closed on the purchase of the 25.5-acre site for Chandler Viridian, a mixed-use property on the northwest corner of the Loop 101/Loop 202 interchange, adjacent to the Chandler Fashion Center. Hines has been working on Chandler Viridian for nearly two years due to the… Read More →

Alliance Residential’s Bruce Ward named 2014 ‘Executive of the Year’

Bruce Ward, Alliance Residential

Alliance Residential Company announced that Bruce Ward, the company’s chairman and CEO, has been named the 2014 Executive of the Year by Multifamily Executive, one of the leading trade publications for the multifamily housing industry. One of the most prestigious honors of the multifamily industry, the Executive of the Year Award is given annually to… Read More →

Alliance Residential promotes leaders to President, COO and CFO roles

Jay Hiemenz, Alliance Residential

Alliance Residential, a national multifamily acquisitions, development, construction and management company, announced the promotions of V. Jay Hiemenz to President and Chief Operating Officer, and Bob Weston to Chief Financial Officer. These leaders will oversee operational and financing efforts respectively, of the company’s approximate $2 billion production pipeline and 70,000 units under management. “Alliance is… Read More →

New to Market: Broadstone Lincoln

Broadstone Lincoln pool, WEB

Broadstone Lincoln Developer: Alliance Residential Company General Contractor: Alliance Residential Builders Architect: ORB Architecture Location: 7100 E. Lincoln Dr., Scottsdale, Ariz. Size: 219,000 SF (net rentable area) Value: $50M Start and completion dates: Started third quarter 2012. Completed second quarter 2014. Project Description: Broadstone Lincoln is a 264-unit community that sits on 5.31 acres of… Read More →

Alliance Residential Named No. 9 Apartment Management Co. in US


Alliance Residential was recently named to the National Multi Housing Council’s (NMHC) 2014 NMHC 50 list of the nation’s largest apartment owners and managers. Moving up a spot from last year’s NMHC 50 ranking, Alliance is the 9th largest apartment management company in the nation with more than 71,000 units. Now in its 25th year,… Read More →

Dorsey Place Sells for $15M to Joint Venture in Phoenix

by in Business News

Transwestern brokered the sale of Dorsey Place, an 84-unit, condominium-style apartment building on East University Drive in Tempe, for nearly $15M. San Diego, Calif.-based Stratford Partners and Pathfinder Partners, which had purchased the building in 2011, sold the building to a joint venture between Diversified International Partners and Alliance Residential of Phoenix. The sellers were… Read More →

Alliance Residential Buys Downtown Scottsdale Development Site for $18.5M

Industry_East_West_Sold-2, Cassidy Turley

Cassidy Turley sold a 5.4 acre multi-family development site approved for 316 units at 75th Street and Stetson Drive in downtown Scottsdale. A partnership formed by Alliance Residential (Bruce Ward, Bob Hutt, Jay Jimenez, Ian Swiergol) purchased the property for $18.5M, $78.50 PSF, and $58,544 per unit.  Executive Vice Presidents David Fogler and Steven Nicoluzakis with… Read More →