Trilogy Investment Company, a fully integrated residential development and investment firm, in partnership with Pinnacle Partners, announces that lot delivery and horizontal construction have been completed for phase one of REV3 at The Celeste, a 172-unit build-to-rent townhome community located in Huntsville, Alabama.
The project is part of the firm’s Sun Belt-focused BTR Opportunity Zone fund and marks Trilogy Investment Company’s latest investment in one of the fastest-growing housing markets in the United States.
Fueled by its reputation as the nation’s “Rocket City” and home to NASA’s Marshall Space Flight Center and Redstone Arsenal, Huntsville has surged nearly 16 percent in population since 2020, making it Alabama’s largest city and one of the fastest-growing in the nation.
“We believe Huntsville represents the best of what’s happening across the Sun Belt, including strong job growth, rising demand for housing, and a community that continues to attract new residents from around the country,” said Jason Joseph, CEO and Managing Partner of Trilogy Investment Company. “This project reflects our strategy of delivering high-quality build-to-rent housing in markets where families and professionals want to live, while also creating lasting value for our investors through the Opportunity Zone program.”
REV3 at The Celeste is one of several projects being advanced through Trilogy Investment Company’s collaboration with Pinnacle Partners, a national leader in Opportunity Zone investing. Together, the firms are deploying capital across high-growth Sun Belt markets to create long-term value for both investors and residents. By leveraging the Opportunity Zone program, the fund is not only supporting much-needed housing supply, but also fostering economic development in communities experiencing rapid expansion.
“Huntsville is exactly the type of high-growth market where our Opportunity Zone strategy is designed to make an impact,” said Leo Backer, Managing Partner of Pinnacle Partners. “Partnering with Trilogy Investment Company allows us to bring new housing supply to a city experiencing record demand, while also supporting the long-term vitality of the community and strengthening the foundation for future investment.”
REV3 Homes will serve as the builder for the community, bringing more than 125 years of combined team experience in quality construction and thoughtful design. In partnership with Trilogy Investment Company, REV3 will deliver a neighborhood that reflects both companies’ shared commitment to craftsmanship, innovation, and long-term community investment.
Each townhome includes three bedrooms and two-and-a-half bathrooms, with open-concept layouts, stainless-steel appliances, LVP flooring, smart home technology, and attached garages.
Community amenities will include a resort-inspired pool with a shaded cabana, a clubhouse with gathering spaces, a fitness center, and outdoor grilling areas, all designed to foster connection and comfort. Located on Plummer Road, the neighborhood offers direct access to major routes such as Highway 255, placing residents within minutes of shopping and entertainment, exploring the Huntsville Botanical Garden, or visiting the U.S. Space and Rocket Center.
