SCOTTSDALE, Ariz. — May 7, 2025 — MC Companies, a recognized leader in multifamily investment, development, construction and management, is expanding its portfolio with the acquisition of The Core Scottsdale — a premier Class A multifamily community located in North Scottsdale. The early May closing marks the company’s second acquisition of 2025 in the Greater Phoenix market. 

Following on the heels of the recently rebranded The Hendry, located in the Las Vegas suburb of Henderson, The Core represents MC Companies’ second acquisition in less than a year of a recently constructed Class A property in top-performing submarkets of two of the nation’s fastest-growing metropolitan areas. 

Built in 2018, The Core Scottsdale is a midrise Class A apartment complex situated in North Scottsdale within the Scottsdale Airpark Employment Corridor. This highly desirable location exhibits strong market fundamentals driven by affluent demographics, the Airpark’s 86,000 jobs, proximity to large-scale projects such as the Mayo Clinic, and more than $1 billion in announced employment investments, as well as the area’s many retail and entertainment amenities. MC Companies secured acquisition financing through CBRE Capital Markets, utilizing a Freddie Mac loan. 

The Core Scottsdale features 282 units; a resident clubhouse complete with a poker room, theater room and coffee lounge; a rooftop pool and deck with a spa, fire pits and spectacular mountain views; a state-of-the-art fitness center with a yoga and spinning room; a business center; and structured parking. Floor plans include studios, one- and two-bedroom apartments. 

Charlie Koznick, chief investment officer at MC Companies, said the company is consistently looking for high-end properties in prime locations, similar to The Core and The Hendry acquisitions. “We’re dedicated to providing exceptional living experiences for our residents,” he said. 

Koznick added that as the company moves forward, it is committed to ensuring that every experience at The Core Scottsdale aligns with MC’s brand values and delivers on the elevated expectations its communities are known for. 

About MC Companies
MC Companies is a premier real estate investment, development, construction and management firm specializing in multifamily properties. Founded in 2001, MC Companies has executed on approximately $3.8 billion in multifamily assets. With corporate offices in Scottsdale and Tucson, Ariz., it owns and operates 7,000 residential units across 29 properties in Arizona, Texas and Nevada. More than 1,000 additional units are in development or construction. Guided by its mission of “Sharing the Good Life,” MC Companies is dedicated to creating value for investors, residents, employees and communities. Through its Sharing the Good Life Foundation, the company has supported more than 500 charities with employee-requested grants.
For more information, visit www.mccompanies.com and follow MC Companies on LinkedIn at https://www.linkedin.com/company/mc-companies/.