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American Landmark Expands into Phoenix with Acquisition of Apartments Near Arizona State University
American Landmark Expands into Phoenix with Acquisition of Apartments Near Arizona State University
August 22, 2022

PHOENIX (July 26, 2022) – American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Tempe Metro, a 408-unit apartment community located in Tempe, Ariz., within the Phoenix metropolitan area. The property has been renamed “The Access.” 


This marks the company’s expansion into the Arizona multifamily market. 


“Phoenix is one of the most dynamic, and fastest-growing cities in the country, ranking just behind Miami as the most popular migration destination in the U.S.,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “With a diversified economy offering jobs in high tech, finance, hospitality/service, and education, Phoenix will continue to experience above-average job growth, and demand for high-quality apartments is likely to remain for the long-term.” 


Built in 2010 and located at 1811 E. Apache Boulevard, The Access offers studio, one-, two- and three-bedroom floor plans ranging from 485 to 1,328 square feet. The apartments feature nine- to seventeen-foot ceilings, private balconies with city views, gated underground parking, a double stainless-steel sink, dishwasher, full-size washer and dryer and walk-in closets. This pet-friendly community includes a wide range of amenities such as resort-style swimming pools with a sundeck, a clubhouse with a social lounge and work areas, an outdoor spa, 24/7 fitness center and spin room, outdoor kitchen and grilling stations, a rooftop basketball court and safety features like a controlled-access gate and onsite courtesy patrol. 

 

The property is situated off State Route 101, just a 10-minute drive to Arizona State University, the city’s largest employer and cultural hub for art and history exhibitions, concerts and other events that draw students and non-students alike. 


About American Landmark 


American Landmark Apartments is one of the fastest-growing multifamily owner-operators in the United States and ranks No. 33 on the National Multifamily Housing Council list of the top apartment owners in the country with approximately 34,000 apartment units in its portfolio. Based in Tampa, Florida, American Landmark specializes in the acquisition and management of value-added multifamily properties located in high-growth markets throughout the Sunbelt, including Georgia, Florida, North Carolina, South Carolina, Tennessee and Texas. American Landmark is committed to delivering great service and outstanding living environments to residents and delivering consistent, attractive risk-adjusted returns to investors and partners.



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By Devin & Ciana Work Joint August 20, 2026
In this podcast hosted by MHN's Laura Valean, Elizabeth Roy discusses shifting supply dynamics and what she’s watching as multifamily moves into its next investment cycle.
By Devin & Ciana Work Joint August 20, 2026
American Landmark Apartments , one of the nation’s leading multifamily investment managers and owner-operators, has acquired Park Avenue at Boulder Creek, a 292-unit apartment community located in Houston, Texas. The property will be the firm’s 14th asset in the Houston area and rebranded as Toscana Parkway, further expanding American Landmark’s Texas portfolio while strengthening the firm’s presence in one of the nation’s fastest-growing metropolitan areas. Located in southeast Houston adjacent to Pearland, the community benefits from the continued economic and population growth of the Greater Houston metropolitan area, which surpassed 7.9 million residents in 2025 after adding 126,720 new residents, marking the largest population gain of any U.S. metropolitan area (Greater Houston Partnership). The region’s diverse economy is anchored by nationally recognized healthcare, energy, aerospace, manufacturing and logistics industries, creating sustained demand for high-quality multifamily housing. Major employment centers including the Texas Medical Center, Port Houston and NASA’s Johnson Space Center continue to support the region’s long-term economic strength. “Houston continues to distinguish itself as one of the nation’s strongest multifamily investment markets because of its population growth, diverse employment base and long-term economic resilience,” said Elizabeth Roy , Chief Investment Officer at American Landmark Apartments. “Toscana Parkway is a well-located community with direct highway connectivity and immediate access to the retail and everyday amenities residents value. With no new deliveries in the submarket, we see a clear opportunity to invest behind the property’s fundamentals—executing the first capital improvement program since the community was built and bringing American Landmark’s operational expertise and value-add approach to enhance the resident experience for years to come.” Built in 2009, Toscana Parkway offers a mix of one-, two- and three-bedroom apartment homes and has not undergone a major capital renovation since its original construction, presenting a clear value-add opportunity. Community amenities include a resort-style saltwater swimming pool, fitness center, sauna, clubhouse, business center, volleyball court, children’s playground and poolside grilling areas. Apartment homes feature spacious floor plans with stainless steel appliances, island kitchens, dishwashers, crown molding, walk-in closets, and private patios or balconies. Located at 11575 Pearland Pkwy, Toscana Parkway offers residents highly accessible connectivity and a deep base of nearby retail. Sam Houston Pkwy is less than five minutes away, providing direct access to Interstate 45 and State Hwy 288 and seamless connectivity throughout the Houston metropolitan area. The community sits approximately 15 minutes from William P. Hobby Airport, 20 minutes from the Texas Medical Center—the largest medical center in the world—and less than 30 minutes from Downtown Houston, with abundant shopping, dining and daily-needs retail within immediate reach. With limited new supply delivered in the submarket, the property is well positioned to capture sustained rental demand. The acquisition aligns with American Landmark’s strategy of investing in well-located multifamily communities across high-growth Sun Belt markets supported by favorable demographic trends and strong long-term economic fundamentals. For more information on American Landmark, please visit www.alapts.com About American Landmark American Landmark is an institutional investment manager and vertically integrated multifamily platform that owns and operates more than 36,000 units comprising more than $7 billion in gross asset value under management. Over 30 years and 100,000 units, American Landmark has focused on the disciplined acquisition and management of value-add multifamily properties located in high-growth markets across the U.S. Sunbelt, including Florida, Texas, Georgia, North Carolina, South Carolina, Tennessee, Arizona, and Virginia. American Landmark is committed to providing excellent service and outstanding living environments to residents and to delivering consistent, attractive risk-adjusted returns to its investors and partners. The firm has been recognized as a top multifamily owner and workplace, including rankings as #27 on the NMHC Top 50 Largest Apartment Owners (2026) and #82 on the PERE 100 list of the largest private equity real estate managers (2026), as well as designations as a Freddie Mac Multifamily Optigo Select Sponsor (2026) and a USA Today Top Workplace (2025). For more information, please visi t www.alapts.com .
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