Rise48 Equity, a multifamily investment group based in Phoenix, Arizona, has announced the launch of its new third-party property management company, Rise48 Residential. The expansion marks a significant step for the company, which already manages over 10,000 units and has completed over $2.3 billion in transactions. Rise48 Residential will leverage the expertise of Rise48 Equity to provide full-suite property management services, aiming to manage 50,000 units nationwide in the next five years.