ROSEVILLE, CALIF. — Zilber Residential Group and Homes by Towne, both affiliates of Zilber Ltd., have opened Estia Roseville, a 209-unit development approximately 20 miles northeast of Sacramento. The one- and two-bedroom single-story homes range from about 709 to 1,083 square feet, and each features a private entrance, walk-in closets, a washer and dryer, stainless-steel appliances and private, fenced-in backyards with built-in dog doors. The community also offers a dog park and a pet spa, along with a pool, clubhouse, 24-hour fitness center and a dedicated yoga studio. Asking monthly …
Build-to-Rent
CBI Construction, Third Lake Development Break Ground on Abrazo at Wylder in Port St. Lucie, Florida
PORT ST. LUCIE, FLA. — CBI Construction has broken ground on Abrazo at Wylder, a build-to-rent community located in Port St. Lucie. Tampa, Florida-based Third Lake Development LLC is the developer. Upon completion, slated for 2027, the community will feature 264 units and amenities that include a clubhouse, resort-style pool, pickleball courts and more. The development is the first multifamily project within the Wylder master-planned community, which also features new for-sale homes, a senior living community, a golf course and eventually a new public school. Site work at the 31-acre …
ATLANTA — Trilogy Investment Co. has promoted David Beare to chief investment officer. Beare joined the firm in 2024 as managing director of structured credit and investments. In his new role, he will oversee investment strategy and capital deployment across Trilogy’s portfolio, with a focus on sourcing new opportunities and partnerships. Prior to joining the company, Beare co-founded ARK Residential, a New York-based build-to-rent (BTR) investment and development firm. Trilogy Investment Co. was founded in 2021 and develops BTR and for-sale, single-family-home communities.
TBBG Completes Second Phoenix BTR Acquisition, Breaks Ground On Two Development Projects
PHOENIX — Phoenix-based real estate investment firm TBBG Investments has completed one acquisition and broken ground on two build-to-rent (BTR) developments in the Phoenix metro area. In partnership with Denver-based Canopy Real Estate Partners, TBBG has acquired CJ Townhomes for approximately $13.4 million. The 36-unit community in Mesa, Arizona, will be rebranded as The Sonoran Townhomes. The development was completed in 2024 and includes three-bedroom townhomes with attached garages and private yards as well as such amenities as a pool and hot tub, a dog park, fitness center, resident lounge …
PHOENIX — Rockefeller Group’s Corsica Villas at 20th Street in South Phoenix is now complete, and residents have begun moving in. A sister community, Corsica Villas at Euclid & 7 Street, is expected to open later this summer. The two gated communities include 152 two-story townhomes. Corsica Villas at Euclid & 7th Street will offer 84 residences, including three-bedroom townhomes with covered reserved parking spaces, and two-bedroom carriage-style units with attached one-car garages. Residents at both communities will have access to amenities such as a heated pool and a hot …
Henderson Park, Green Room Partners Break Ground on South Carolina BTR Project The Bower
BLUFFTON, S.C. — International private equity firm Henderson Park and Charleston, South Carolina-based developer Green Room Partners have broken ground on The Bower, a 266-unit build-to-rent community in Bluffton. Amenities at The Bower will include a clubhouse with a library, coworking space, a community kitchen, lounge and a fitness center. Outdoor amenities feature a pool, outdoor kitchen and bar, cabana, grilling stations, pickleball courts, a putting green, fire pit, dog park and an interconnected walking trail system throughout the community. The clubhouse and amenities are scheduled for completion in July …
CANAL WINCHESTER, OHIO — Stark Enterprises, a Cleveland-based developer, has announced Lock Pointe Village, a 120-unit build-to-rent community in Canal Winchester, about 18 miles southwest of Columbus, Ohio. Stark has acquired land at 6700 Nathan Drive, secured financing and is planning to break ground later this spring. The development will be comprised of 37 buildings. Units will feature private driveways and attached two-car garages. Amenities include a fitness center, sports court and a dog park. Completion is slated for 2027.
GARDNER, KAN. — Sallee Development has broken ground on Flint Trails, a $69 million, 264-unit build-to-rent community in Gardner, approximately 30 miles south of Kansas City. The project includes a mix of two- and three-bedroom townhomes as well as a pool, clubhouse and pickleball court. Financing was provided by CommunityAmerica Credit Union. Davidson Architecture + Engineering is the engineer, and Emery Sapp is the general contractor. Estimated monthly asking rents for the units are $2,200. Completion is slated for late 2027. Sallee is headquartered in Lee’s Summit, Missouri, located on …
LA GRANGE, GA. — River North Real Estate Partners has broken ground on Canopy Crest, a build-to-rent community in La Grange, 67 miles southwest of Atlanta. JLL arranged a $33.5 million construction loan for Phase I, which includes 152 rental homes in a mix of duplexes, detached homes and a product type River North refers to as a “barndominium,” an apartment floor plan averaging approximately 1,242 feet. All homes will be finished with granite countertops, stainless steel appliances, vinyl plank flooring and smart locks and thermostats. Amenities include a fitness …
FREDERICK, MD. — JAG Management Co. has been selected by Couloir Ventures to manage the build-to-rent (BTR) townhome community The Foundry at Renn Quarter in Frederick. Couloir is a Bethesda, Maryland-based developer focused on building BTR projects in the metro Washington, D.C., area. JAG Management provides property management services for both Jefferson Apartment Group (JAG)-owned assets as well as third-party-owned communities on the East Coast. JAG is headquartered in McLean, Virginia. A portion of the residences at The Foundry at Renn Quarter are now complete, and residents have begun moving …