Trending Multifamily News
Trilogy Investment Company (TIC), a leading national developer and provider of Build-To-Rent communities, and Pinnacle Partners, an early mover and leader in Opportunity Zone (OZ) real estate investing, proudly marked the start of vertical construction at Rêve at Avondale Station with a celebratory ribbon-cutting ceremony. Held on-site in Avondale, Arizona, the event brought together partners, stakeholders and local leaders to commemorate this significant milestone in the community’s development.
Located within a Qualified Opportunity Zone, Rêve at Avondale Station will feature 107 thoughtfully designed BTR homes. The ribbon cutting highlighted TIC’s continued momentum and successful collaboration with Pinnacle Partners as they bring much-needed housing to this growing market.
"This new development in an up-and-coming area underscores our commitment to adding rental communities to this growing region,” said Jason Joseph, CEO and Partner at TIC. “We're excited to expand our presence and offer more housing in this dynamic county."
Strategically located on 15 acres within the Greater Phoenix area of Maricopa County, Rêve at Avondale Station is situated in a thriving development hub renowned for its welcoming business climate and diverse economy. This community directly supports the city's growth, fulfills housing requirements and contributes significantly to the area's economic and social progress.
“Breaking ground on vertical construction at Rêve at Avondale Station is a major step forward and a tangible sign of progress,” said Leo Backer, Managing Partner of Pinnacle Partners. “We’re proud to partner with TIC on a project that not only brings much-needed housing to Avondale but also demonstrates our shared commitment to high-quality, thoughtfully executed development. This ribbon cutting celebrates the hard work that goes into turning vision into reality.”
Rangewater Real Estate has been selected as the property management company for Rêve at Avondale Station.
“We see this as an unparalleled opportunity for Rangewater to showcase its best-in-class property management techniques,” said Gina Davis, Senior Vice President of Property Management and Marketing at TIC. “In build-to-rent communities, the resident experience is paramount, and we are delighted to partner in providing future residents with an exceptional level of high-quality support through Rangewater's proven expertise.”
Homes at Rêve at Avondale Station feature two- and three-bedroom plans equipped with smart technologies, including solar panels. Planned amenities include a community clubhouse, pool and dog park.
Recognized as an industry leader in both land development and BTR, TIC is known for its innovative approach, quality-focused communities, and strong public-private partnerships. As the company continues expanding its footprint throughout Arizona and beyond, it remains dedicated to setting new standards in residential development and community building.
To learn more, visit www.TrilogyIC.com or follow Trilogy Investment Co. on LinkedIn.
Trilogy Investment Co. (TIC), a leading real estate investment and development firm specializing in build-to-rent (BTR), for-sale housing and lot development, welcomes Barbara Young as its VP of Accounting and Controller.
With over 30 years of industry experience, Young understands the intricacies of financial leadership for affordable, conventional and mixed-use housing as well as the build-to-rent sector. In her new role as VP of Accounting Controller, Young leads the accounting team in day-to-day systems management and preparing corporate and property-level financials.
“We are pleased to bring Barbara on board,” said Jason Joseph, CEO and Managing Partner of TIC. “Her comprehensive background with various housing sectors is the competitive edge that TIC needs to remain organized and focused going into the future.”
Her previous roles include vice president and controller positions at Quinn Residences, Life Properties, Columbia Residential, Cortland Partners and CF Lane. Young’s lengthy career in property management accounting makes her an excellent addition to TIC’s leadership team and offers its clients quality service in financial reporting, refinancings, divestures, working capital and treasury management.
As a Florida native, Young earned dual degrees in Finance and Accounting from Florida State University. She is an avid adventure-seeker and enjoys traveling the world in her free time. To learn more about TIC, visit www.trilogyic.com and follow the company on LinkedIn.
Trilogy Investment Company, a leader in Build-To-Rent (BTR) community development, announces that site development has commenced at Rêve at Encanto West in Avondale, Arizona, with utility construction underway. This 84-townhome BTR community, developed in collaboration with Cimbra Partners, LLC., represents the first strategic joint venture partnership with Cimbra Partners.
"With grading and sewer line going in at Rêve at Encanto West, the community is starting to take shape," states Jason Joseph, CEO and Partner at Trilogy Investment Company. "This project reinforces our commitment to addressing the region's strong demand for rental housing.”
Situated on a prime seven-acre plot at the intersection of Encanto Blvd. and N. Avondale Blvd. across from state-of-the-art West Point High, Rêve at Encanto West is a testament to Trilogy's commitment to strategic location selection. This project is one of three Trilogy ventures in the Avondale area and its fifth in Arizona, further solidifying our presence in the state.
“We are excited about our partnership with Trilogy Investment and our shared vision to create rental homes that redefine the narrative around renting,” said César J. Rodríguez, Co-founder and Managing Partner of Cimbra Partners, LLC.
The gated townhome community offers residents the feeling of home and community with the flexibility of renting. Homes at Rêve at Encanto West include three bedrooms and two and a half bathrooms, flexible space for a bedroom or office, 9-foot ceilings, a stainless steel appliance package, granite countertops and a garage.
Neighborhood amenities will include a clubhouse with grilling stations and a pool,
Market fundamentals in Avondale, Arizona, are strong. A growing submarket is supported by strong job and population growth in Phoenix. To learn more about Trilogy Investment Company, visit www.trilogyic.com.
Trilogy Investment Co. proudly announces it was ranked #37 of Atlanta’s top 100 fastest-growing privately held companies in the 29th annual Atlanta Business Chronicle Pacesetter Awards.
"We are incredibly honored to be recognized by the Atlanta Business Chronicle as one of Atlanta's fastest-growing private companies. This accolade is a testament to our team's dedication and unique approach to the Build-to-Rent market,” said Jason Joseph, CEO and Managing Partner of Trilogy Investment Company. “As we expand and innovate within the BTR sector, we remain focused on delivering exceptional value and transforming how people think about rental living."
An emerging high-growth build-to-rent (BTR) platform developer, Trilogy Investment Co. is reaping the rewards of its comprehensive approach to the real estate development cycle, from land acquisition to site development and vertical construction.
Trilogy offers investors the opportunity to invest in institutional BTR assets within a platform built to execute a long-term vision of creating valuable residential, for-rent communities. The current pipeline consists of approximately 4,000 BTR lots, between lots owned, lots under control, and homes under construction and continues to grow.
Led by a team of investment, development and construction professionals, Trilogy Investment Company offers BTR community residents a chance at financial stability and the social benefits of home ownership. This unique opportunity provides a home for residents who rent by choice or have been priced out of the competitive housing market.
"Our build-to-rent communities are not just homes; they are lifestyle choices. They are strategically located in desirable neighborhoods near good schools and major economic drivers, providing benefits for the whole family. Luxury finishes and coveted amenities make the communities a desirable location for young professionals and like-minded families, ensuring that our residents enjoy a high quality of life," said Jason Joseph, CEO and Managing Partner of Trilogy Investment Company.
To expand innovative solutions in the BTR space, Trilogy recently partnered with Pinnacle Partners to launch a multi-state, dedicated BTR Opportunity Zone. To learn more about Trilogy Investment Company and its initiatives, visit www.trilogyic.com and follow the company on LinkedIn.
Trilogy Investment Company, a leader in build-to-rent (BTR) community development, and Pinnacle Partners, a renowned real estate investment firm, announce the launch of their dedicated BTR Opportunity Zone Fund. This groundbreaking initiative will channel significant investments into underserved areas, foster community development and offer attractive returns to investors.
The newly established fund will invest in three BTR communities located in strategically selected cities -- Decatur, Ga., Augusta, Ga. and Huntsville, Ala. With nearly 500 homes planned across these projects, the fund represents one of the first of its kind in the sector, focusing solely on Opportunity Zones—areas identified as economically distressed. This initiative aims to rejuvenate these areas while offering substantial tax incentives to investors.
"We are thrilled to expand our partnership with Pinnacle Partners through this dedicated fund. Together, we meticulously selected these locations through rigorous underwriting processes to ensure impactful investment and meaningful community development," said Jason Joseph, CEO of Trilogy Investment Company. "Our goal is not just to build homes, but to create communities that last and deliver sustained value to residents and investors."
Pinnacle Partners brings its expertise in managing limited partnership (LP) and general partnership (GP) equity, raising the necessary funds, while Trilogy oversees project development and asset management. This collaboration has already resulted in the successful closure of two projects within Opportunity Zones, underscoring the potential of this focused approach.
Leo Backer, Managing Partner at Pinnacle Partners, commented, "Our decision to collaborate exclusively with Trilogy was based on their unrivaled expertise in the BTR sector. They embody the pinnacle of development, from land acquisition to property management, ensuring that every project aligns with our high standards for quality and investor satisfaction."
The fund is poised to attract high-net-worth individuals, offering an alternative to traditional institutional investment channels. This approach democratizes investment in development projects and aligns with long-term investment strategies, reflecting the partners' commitment to building lasting communities rather than pursuing short-term gains.
“We are immensely proud to launch this Opportunity Zone Fund alongside Trilogy Investment Company,” states Jeff Feinstein, Managing Partner at Pinnacle Partners. “This initiative highlights our commitment to transformative community development and aligns perfectly with our strategy to bring about substantial economic impact in areas that need it most.
"Our Pinnacle BTR OZ fund launch is crucial for our continued fundraising efforts and for building credibility within the investment management community," added Joseph. "This fund underscores our commitment to innovative solutions in the BTR space, aiming to meet the needs of new renters and create dream communities across the Southeast, Texas, Arizona and Colorado."
As Trilogy Investment Company and Pinnacle Partners forge ahead with this venture, they remain dedicated to transforming underserved areas into thriving communities, thus setting a new standard in Opportunity Zone investments.
Trilogy Investment Company, a leader in build-to-rent (BTR) community development, is partnering with RKW Residential (RKW) to manage its two new Build-to-Rent (BTR) communities, Rêve at Park Ridge in Myrtle Beach, S.C. and Rêve at NoDa Junction in Charlotte, N.C. Now pre-leasing, these communities total 190 units.
“We wanted to hire a property management firm that was knowledgeable about the market and understood what Rêve Communities represents, and RKW understood just that,” states Gina Davis, SVP of Asset Management for Trilogy. “It is important that anyone we do business with, from management to investors, has the same vision and core values that Trilogy has and that our synergies are aligned.”
The collaboration combines Trilogy Investment Co.'s expertise in real estate development and investment with RKW’s extensive experience and reputation in property management.
By leveraging RKW in the build-to-rent space, Trilogy Investment Co. ensures that the residents of its new communities receive top-notch management services. RKW’s commitment to excellence aligns well with Trilogy Investment Co.’s dedication to quality and efficiency.
“RKW is super selective about the companies it does business with, and it speaks to the strength of both the Trilogy and Rêve brands that we have forged this relationship,” said Jason Joseph, CEO and Partner with Trilogy Investment Co. “We look forward to ongoing collaboration between Trilogy Investment Co. and RKW for property management of additional communities as we complete and start to lease them.”
Rêve at Park Ridge in Myrtle Beach is a 122-unit, one-, two- and three-bedroom single-family attached community with high-end finishes, a beautiful clubhouse and an amenity area.
Rêve at NoDa Junction, located in Charlotte, is a 68-unit town-home community pre-leasing two- and three-bedroom homes with immaculate finishes and attached garages. Both communities are in desirable areas and surrounded by some of the best restaurants and amenities in town.
Rêve communities feature high-end finishes, including stainless steel appliances, quartz countertops, smart technology throughout the homes and a one- or two-car garage plus driveway. Residents will appreciate accessible onsite management, 24-hour maintenance and valet trash.
To learn more about Trilogy Investment Company, visit www.trilogyic.com and follow the company on LinkedIn.