Break Of Day Capital

Portfolio

Value-Add Workforce Housing
in Arizona

We focus on value-add workforce housing across Arizona, one of the fastest-growing, most landlord-friendly markets in the U.S., supported by strong fundamentals and durable renter demand.

Why Arizona?

  • Landlord-friendly regulations that support stable operations and predictable enforcement.
  • High population and job growth across Phoenix and Tucson MSAs, driving long-term housing demand.
  • Strong workforce housing fundamentals with limited new supply in the affordable and mid-tier segments.
  • Business-friendly environment attracting major employers and diversifying the economy.
  • Consistently high occupancy in B and C class communities due to widening affordability gaps.
  • Favorable migration trends, especially from California and the Midwest.

Full Cycle Exits

Midtown on 2nd Multifamily apartment community in Tucson, Arizona

Midtown on 2nd

42 Units

Tucson, AZ

East 3434 Multifamily apartment community in Phoenix, Arizona

East 3434

128 Units

Phoenix, AZ

Midtown on Seneca Multifamily apartment community in Tucson, Arizona

Midtown on Seneca

176 Units

Tucson, AZ

Midtown on Multifamily apartment community in Tucson, Arizona

Midtown on 1st

94 Units

Tucson, AZ

Assets Under Management

Youngtown Flats Multifamily apartment community in Phoenix, Arizona

Youngtown Flats

104 Units

Youngtown, AZ

Icon apartments Multifamily apartment community in Tucson, Arizona

Icon

72 Units

Tucson, AZ

Icon on Park Multifamily apartment community in Tucson, Arizona

Icon on Park

176 Units

Tucson, AZ

Mission Antigua Multifamily apartment community in Tucson, Arizona

Mission Antigua

248 Units

Tucson, AZ

Icon on Stella Multifamily apartment community in Tucson, Arizona

Icon on Stella

199 Units

Tucson, AZ

Icon on Pima Multifamily apartment community in Tucson, Arizona

Icon on Pima

80 Units

Tucson, AZ

Icon on Spanish Trail Multifamily apartment community in Tucson, Arizona

Icon on Spanish Trail

256 Units

Tucson, AZ

Icon on Midvale Multifamily apartment community in Tucson, Arizona

Icon on Midvale

136 Units

Tucson, AZ

Icon on Headley Apartments Multifamily apartment community in Tucson, Arizona

Icon on Headley

136 Units

Tucson, AZ

Icon on Broadway

Icon on Broadway

300 Units

Tucson, AZ