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Scottsdale Investor Spends $63M on Multifamily Properties

By October 2, 2020March 25th, 2025No Comments

By Angela Gonzales | Phoenix Business Journal

Zach Haptonstall was making more than $200,000 a year running a hospice company in Scottsdale.

By the time he was 23, he was making more money than his parents combined and already owned his own home. But in 2018, he was burned out, and sold his share of Sage Hospice.

He didn’t quite know what he wanted to do, and blew through a lot of his savings thinking about it.

In early 2019, he figured he would try his hand in the multifamily industry, co-founding Rise48 Equity LLC in Scottsdale.

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