Trilogy Investment Company, a leader in Build-To-Rent (BTR) community development, announces that site development has commenced with utility construction underway at Rêve at Encanto West in Avondale, Arizona just outside of Phoenix.
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.”
“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.
Led by a team of investment, development, and construction professionals, Trilogy Investment Company provides Build-To-Rent communities for residents seeking the stability and social benefits of home ownership but rent by choice or have been priced out of the competitive housing market. Located in desirable neighborhoods near good schools and major economic drivers, these communities offer luxurious finishes and coveted amenities for like-minded families and young professionals desiring rental opportunities beyond traditional apartments. Created with targeted demographics in mind, these communities provide the flexibility of rentals with the stability, privacy, and social benefits of homeownership.
