The first project Fitch Development completed was a 123-unit luxury active-senior apartment project in Prescott, Arizona. The project was completed in 12-months, under budget and ahead of schedule. The project was sold 2 years later to a private investor for double it’s building cost.
This success was due to the cost control realized by Fitch Development because of its association with the construction and material divisions of Fitch Industries, Inc. This structure, combined with the fact that the senior market is almost recession proof, creates a unique investment opportunity.
