#United States #Scottsdale #Alliance Residential #Broadstone #Holden Senior Living

Celebrating 25 Years of Alliance Residential Company

Founded in 2000, Alliance Residential Company has established itself as one of the largest residential rental development firms in the United States. This year, the firm proudly marks its 25th anniversary—a significant milestone that highlights its entrepreneurial spirit, commitment to innovation, and dedication to building communities where people truly want to live.

A Journey Through Time

The story of Alliance begins with its founders, who laid the groundwork for the company in the early 1990s. Official operations commenced in September 2000, starting with offices in Phoenix and Houston. The mission was simple yet profound: to foster great living spaces led by committed individuals. This originated ethos remains central to their operations today, characterized by visionary thinking and a strong people-first approach.

Over the past quarter-century, Alliance has successfully delivered over 136,000 rental units, accumulating more than $27 billion in invested capital. They have developed various brands to cater to diverse renter profiles, spanning luxury apartments to affordable housing for workforce individuals and seniors. Notably, the firm has earned the title of No. 1 developer on the National Multifamily Housing Council (NMHC)/Multi-Housing Executive (MFE) top developers list six times since 2014.

Strategic Innovations and Community Building

Alliance's journey is marked by strategic innovations that have defined its legacy. The launch of the Broadstone brand in 2001 set a new standard in luxury multifamily housing with top-tier amenities and features. In 2006, they secured a #2 position on the NMHC/MFE Top Developers list, which they would later dominate starting in 2014.

Recognizing the need for diverse living options, Alliance ventured into senior housing with the Holden Senior Living brand in 2015. This initiative offers various living options, including active adult communities and memory care facilities. They continued to redefine housing with the Prose brand in 2018, aimed at providing attainable workforce housing in response to the growing demand for affordable living solutions.

Most recently, in 2024, Daiwa House Group, a prominent Japanese construction firm, chose to invest in Alliance, marking its first exclusive U.S. residential rental investment.

Embracing Technology and Lifestyle Changes

As the sectors of residential rental and tech converge, Alliance has taken significant steps in integrating smart home technologies into its communities. By partnering with leading tech companies, they offer features like remote access, programmable thermostats, and energy-efficient lighting. This commitment not only enhances sustainability but also prioritizes cost savings and convenience for renters.

In response to the evolving lifestyle of renters, Alliance has incorporated various amenities such as wellness-focused fitness centers, pet-friendly spaces complete with dog parks and grooming stations, and co-working lounges designed for remote professionals. Their developments are becoming increasingly accommodating of modern living—complete with EV charging stations promoting sustainable transport options.

Looking to the Future

As Alliance Residential reflects on 25 years of success, the company's future seems brighter than ever. According to Jay Hiemenz, Chairman and CEO, the real estate industry should focus on understanding the needs of its inhabitants. "We continually ask ourselves who we are building for and what do people actually need from their homes today?" he stated. This outlook keeps Alliance innovative and relevant within a landscape of shifting demands.

For further information about Alliance Residential Company's influence and vision over the decades, including their community-building efforts and new developments, visit allresco.com.