Atlantic in the News


Camp Verde housing projects receive federal tax credits: The Arizona Department of Housing announced on Thursday, June 1, that it has allocated all of its annual $22 million share of 2024 federal low-income housing tax credits to fund 15 affordable housing developments throughout the state, which will build 1,049 new housing units at a total project cost of $34.6 million.

Yavapai County Opportunity Zone site sells; build-to-rent community planned: Camp Verde Land Holdings III, LLC (an affiliate of Atlantic Development), a developer of rental and affordable housing, purchased 26.63 acres in the Yavapai County Opportunity Zone, with plans for a build-for-rent community and a commercial component.


Phoenix Subcommittee Recommends 8 Affordable Housing Projects: Eight new multifamily developments totaling 611 units were recommended for Phoenix City Council funding approval under the federal HOME Investment Partnerships Program by the Council's Economic Development and Equity Subcommittee in its meeting Wednesday morning.


Seniors Project Receives CHFA Loan: Affordable Housing Finance 2013| Posted on Wednesday, Septeber 4, 2013 by Affordable Housing Finance Staff. FaAuburn Ridge, a proposed 90-unit seniors housing development, has received a $4 million permanent loan...

Mesa gets bit of boost in low-income housing: AZ Central | Posted on Thursday, August 8, 2013 by Gary Nelson. The northern side of University Drive near downtown Mesa used to be, figuratively speaking, the other side of the tracks...

Mesa's $23M Escobedo at Verde Vista Gets Additional Funding; Moves to Phase II: Arizona Builder's Exchange | Posted on Tuesday, August 13, 2013 by Rachel Kettenhofen. Faced with a monumental bill to rehabilitate the decaying units, Mesa closed the Escobedo apartments in 2008...


Monterey joining Miracle Mile rebirth: Arizona Daily Star | Posted on Sunday, April 24, 2011 by Dale Quinn. A pair of real estate investors with an eye for rejuvenation are breathing new life into a once derelict motor court on Miracle Mile...


Ghost Ranch coming back: Arizona Daily Star (Tucson) | Posted Saturday, April 24, 2010 by Dale Quinn. Senior-citizen housing to fill old motor court. The historic Ghost Ranch Lodge, which for years has sat crumbling, will soon reopen as low-income housing for seniors...

Changing Miracle Story: Arizona Public Media | Posted March 31, 2010 By Tony Paniagua. One of Tucson's most famous streets - for better or for worse - is getting some welcome changes that could help improve the community...


Seniors to move to Ghost Ranch as soon as fall: Arizona Daily Star | Posted: Friday, May 1, 2009 by Erica Meltzer. The long-awaited redevelopment of Ghost Ranch Lodge is moving forward, with units for low-income seniors expected to be available as soon as the fall...

New use for landmark Ghost Ranch Lodge: Arizona Daily Star | Posted: Wednesday, January 28, 2009 by Josh Brodesky. After years of sitting vacant, the historical Ghost Ranch Lodge will finally be turned into affordable, low-cost housing for seniors...

County OKs $5.3M in bonds for housing programs: Tucson Citizen Morgue (1992-2009) | Posted January 14, 2009, under Edge, Local by Gary Duffy. Pima County supervisors approved $5.3 million in bonds Tuesday for affordable housing and foreclosure prevention programs...

Ghost Ranch Lodge to be resurrected as senior housing: News 13 KOLD - TV | Posted January 14, 2009 by Barbara Grijalva. Money from a 2004 Pima County bond package will help pay for four different projects spread across the Tucson area...


County leaders like Ghost Ranch Lodge plan: Tucson Citizen Morgue (1992-2009) | Posted February 6, 2008 under Edge, Local. The historic Ghost Ranch Lodge is a step closer to conversion into affordable senior housing... 

Still hope for Ghost Ranch project: Arizona Daily Star | Posted: Sunday, February 3, 2008 by Josh Brodesky and Erica Meltzer. For several years now, the Ghost Ranch Lodge has sat empty, its cactus garden and historic buildings sealed off by chain-link fencing...

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Atlantic Development & Investments, Inc.
15957 N. 81st Street, Suite 101
Scottsdale, AZ 85260

Telephone: 1-480-256-0506
Fax: 1-480-717-6959

Atlantic Development & Investments, Inc.
3 Charter Oak Place
Hartford, CT 06106

Telephone: 1-860-241-0140
Fax: 1-860-548-9136

“In all our dealings with Mr. Breen, we found him to be an honorable, dedicated, hardworking person who lived up to all our expectations. He always responded promptly to our inquiries and certainly proved to be a man whose word could be relied on even in the absence of a written agreement.”

— Robert C. Zampano.
Former Senior United States District Judge