The Surprise Planning and Zoning Commission recommended a rezoning approval for a 12.9-acre site in Arizona. The developer, NexMetro Communities, requested the rezoning from Regional Commercial to High Density Residential to build a 108-unit Build-to-Rent community named Avilla Foothills. The company, a major regional and national developer in the Build-to-Rent sector, has completed eight projects under the Avilla brand and has another eight in various stages of development. The Avilla Foothills project will include a mixture of one-, two-, and three-bedroom units, with amenities such as a clubhouse, pool, open space, and a dog park.

Real estate professionals are increasingly using OpenAI’s ChatGPT for tasks such as copy editing, tweaking email tones, and grammar checks in various documents. Despite its current limitations, AI is seen as a tool to improve daily efficiency in the industry and has the potential to be transformative. Some professionals predict it could reshape the brokerage and real estate listing service sectors the most. However, challenges such as authenticity, personal relationships, and ethical considerations may slow down the adoption of AI in the real estate industry.