
About company
In partnership with The Tollstrup Group, Banyan Ventures formed Palo Verde, LLC in 2011 to acquire attractive rental properties in the Phoenix, Arizona, real estate market, which had been severely weakened over the previous few years. Since its launch, Palo Verde has acquired a wholly owned portfolio of more than 50 properties. The property portfolio has potential for significant appreciation over the next few years as the economy recovers, and participating investors receive current dividends from the rental income, in advance of expected long-term gains. Banyan has secured all property acquisition capital for Palo Verde through its strategic investment partners and actively oversees all general and administrative aspects of the company. Banyan also works with The Tollstrup Group to manage all facets of acquiring, rehabbing, and renting the properties.