Willton invested in a joint venture with a publicly traded national developer to develop a Class-A rental apartment community (the “Lumara”) in Phoenix, AZ. Lumara is located in Deer Valley, a 10-minute commute to TSMC chip plant, 5-minute drive to Happy Valley Towne Center and employers such as USAA, Wells Fargo, and Farmers Insurance, and just a short trip from Downtown Phoenix and local hotspots. This project features impeccable style and elegant comfort around every corner, inspiration and rejuvenation in desert living. The Deer Valley submarket will continue benefit from strong and consistent job growth and rent growth, driven by the $40 billion TSMC Arizona investment.