Press Release: RXR : KORMAN COMMUNITIES, RXR ENTER THE PHOENIX MARKET WITH AVE PHOENIX TERRA

Phoenix, AZ, March 16, 2022 (GLOBE NEWSWIRE) -- Korman Communities, in partnership with RXR, has completed the purchase of its first property in the Phoenix market. The brand new, 348-unit, seven-story, professionally managed, Class A property boasting 60,000 square feet of amenity space, AVE Phoenix Terra, offers a unique flexible-stay living solution in Downtown Phoenix.