SOURCE: Wood Partners

Wood Partners

December 20, 2013 16:40 ET

Wood Partners Names Todd Taylor Development Director for Arizona and Nevada

Experienced Multifamily Housing Developer to Spearhead Company's Efforts in Recovering Region

PHOENIX, AZ--(Marketwired - Dec 20, 2013) - 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.

About Wood Partners
Wood Partners is a national real estate company that acquires, develops, constructs and property manages high density and mixed-use communities. It was ranked the nation's No. 2 multifamily developer in 2012 based on 5,100 unit starts. Through quality construction, responsible land development and intelligent design, our communities reflect the aesthetic and social fabric of the community and provide a luxurious living experience at a fair price. The company has been involved in the acquisition and development of more than 47,000 homes with a combined value of more than $7.0 billion nationwide. The company currently owns 77 properties with a combined total of 20,200+ units. Wood Partners has offices in 16 major markets nationwide including Atlanta, Baltimore, Delray Beach, Boston, Charlotte, Dallas, Denver, Houston, New York, Newport Beach, Orlando, Phoenix, Raleigh-Durham, San Francisco, Seattle, and Washington, D.C. To learn just more about Wood Partners, please visit our website, www.woodpartners.com