Media/Press Release Archive
Hybrid model with Valley roots is a national trend as demand for rooftops explodes
READLuxury-leased Avilla Homes developer sees asset value soar as demand for single-family rentals remains strong
READHouse hunters are attracted to the hassle-free living and lack of down payments, but there's a trade-off: They give up the investment of owning a home.
READOne analyst said the industry is "like a tidal wave that is just about to crash on the beaches of Florida."
READWhy a new type of housing development in markets like Denver has become 'the hottest topic' in real estate
READBuild-to-rent pipeline exceeds $800M in metro Phoenix
READNearly 500 units proposed outside Golden
READThe national trend has made its mark in Arizona, Texas and Colorado, and it's coming to Palm Beach County, builders and analysts say.
READThe rental community near Grand Prairie Premium Outlets off Great Southwest Parkway is slated to be ready by the end of 2022.
READVacation Homes, Single-Family Rentals Boosted by the Pandemic
READConstruction on Avilla Suncoast to begin soon in Tampa Submarket
READThe developer closed on two mezzanine construction loans totaling $24.3 million for projects in Denver and Phoenix.
READHow detached units in multifamily-style managed communities-including NexMetro's Avilla Homes-are drawing in renters of all ages.
READThe Avilla Heritage in Grand Prairie community is NexMetro's third project in North Texas.
READFinding the Right Product Types for Housing the Fast-Growing Population of Phoenix
READPhoenix Developer Invests Millions To Develop Hybrid Rental Units In Several States
READWant a house without a mortgage? Phoenix rental-home developer to invest $140M in metro Denver
READA brand new single-family neighborhood, where every unit is a rental. Despite housing shortages driving up home prices, built-for-rent housing continues to grow and evolve.
READValley's Leading Single Family Rental Developer Opening Three Communities Representing $70 Million+ in New Capital Investment
READTransactions Represent Cost Per-Door Submarket Records, and Milestone for Pioneer of Single-Level Luxury Rental Neighborhoods
READ
Denver-area build-to-rent community sells for record high, confirming market trend
Dec 22, 2021Denver Business Journal
One of the first communities of completed build-to-rent homes in the Denver metro area sold for a record price, further cementing the trend of developers building houses with renters in mind.
Phoenix-based NexMetro Communities, which develops luxury leased home neighborhoods, sold Avilla Prairie Center at 2103 Peregrine Drive in Brighton on Dec. 14 for $63.1 million. With 136 homes in the neighborhood, it represents a $464,000-per-unit transaction, which brokers said is a record for a product like this.
"It'll do nothing more than make developers want to find more property and build more," said David Potarf, managing director at Walker & Dunlop and one of the brokers who listed the property. "Everybody knows it's what tenants want right now. It's like owning a home but you don't have to put the down payment down, you're just paying your rent. The high price per unit is going to spur more development."
NexMetro has a portfolio of neighborhoods of this kind, which it calls Avilla Homes, in cities like Phoenix, Dallas, Denver and Tampa...
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Rental-only subdivision moves into the Tampa Bay area
Nov 18, 2021By FOX 13 News Staff FOX 13 Tampa Bay
Rental communities are going from vertical to horizontal.
Avilla Suncoast in Odessa is an upcoming subdivision of rentals only. It's a new trend in housing: Single-family, built-for-rent communities. The developer, NexMetro, has similar subdivisions in Phoenix, Denver, and Dallas-Fort Worth.
"What makes it unique is that it's all single-story and detached. We offer a best-of-both-worlds scenario for consumers. Lifestyle and finish of a home with the convenience of a lease, no-hassle maintenance-free living," explained William Hulton, the vice-president of development for Florida NexMetro Communities.
"We offer a single floor, detached, private entrances, private backyards. No shared walls, except in the one-bedrooms you share one wall another unit. There are garages available. We have a resort-style pool amenities. We have dog parks, grilling stations, green space, gathering areas, fire pit. We also provide residents a full-size washer and dryer."
This is the first Florida location.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Phoenix developer says $37.2M sale shows 'long-term' value
Nov 12, 2021By Brent Ruffner YourValley.net
A Phoenix-based developer announced the $37.2 million sale of a build-to-rent community along Deer Valley Road in north Phoenix.
The developer, NexMetro Communities, announced the sale of the single-family rental Avilla Homes project - a transaction officials say is "a record milestone that shows the long-term value" of the Avilla brand of single family rental neighborhoods in the Valley.
The sale closed Oct. 29. Officials said units in the Avilla Paseo community, which has 89 homes, sold for about $418,000 each - more than double the company's first Phoenix-area asset sale, which took place in 2018, a press release said.
In June 2018, its sale of a similar Goodyear community fetched a lower $200,000 per unit, the press release said.
The property of the most recent sale is at 3425 W. Deer Valley Road in Phoenix. It was sold the project to Logan Capital Advisors of San Diego.
"This NexMetro sale further validates the tremendous value in the market for the higher quality leased-living experience that makes Avilla Homes such a unique alternative to the typical apartment rental," said Richard Van Wert, chief investment officer of NexMetro Communities.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.BUILD-TO-RENT BONANZA
Hybrid model with Valley roots is a national trend as demand for rooftops explodes
Nov 12, 2021By Angela Gonzales Phoenix Business Journal
The build-to-rent hybrid model that offers detached, single-family homes built within a community with rich amenities is gaining traction in metro Phoenix and across the nation. Here's a look at what four heavy-hitter homebuilders are doing to disrupt the traditional housing market.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
NexMetro sells another Valley build-to-rent community as property values soar
Nov 09, 2021By Angela Gonzales Phoenix Business Journal
The wildly popular build-to-rent sector continues to surge in metro Phoenix, as one of the first companies to get into this space has sold another property - and bringing in more than double the value of its first property sale in 2018.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
Sales Value of NexMetro Single Family Rental Community Offering Doubles in Three Years
Luxury-leased Avilla Homes developer sees asset value soar as demand for single-family rentals remains strong
Nov 01, 2021The Ferraro Group
NexMetro Communities, pioneer developer of luxury leased home neighborhoods, announced today the closing of a $37.2M sale of a single-family rental (SFR) Avilla Homes project in north Phoenix, marking a milestone transaction for the company and the asset class.
The dramatic increase in sales value NexMetro has seen in its SFR offering is unprecedented, said Richard Van Wert, Chief Investment Officer of NexMetro Communities. The sale of Avilla Paseo, located at 3425 W. Deer Valley Road in Phoenix, represents a nearly $418,000 per unit transaction - more than double the company's first Phoenix metro asset sale that took place in 2018.
"This NexMetro sale further validates the tremendous value in the market for the higher quality leased- living experience that makes Avilla Homes such a unique alternative to the typical apartment rental," Van Wert said.
NexMetro sold the 89-home Avilla Paseo neighborhood on Oct. 29, representing nearly $418,000 per unit. In comparison, the company's asset sale in Goodyear took place in June 2018 for approximately $200,000 per unit.
NexMetro has nearly 7,000 homes completed, under construction or in site development in multiple markets across the country, and typically looks to hold most of its Avilla Homes projects for longer-term operation, said Jacque Petroulakis, executive vice president of investor relations and marketing for the company.
"For nearly ten years, NexMetro has been proving the value of its innovative Avilla Homes product offering in the Phoenix market," Petroulakis said, adding that the first Avilla projects opened in Tucson in 2011. "Today, the demand for our Avilla Homes business model is sought after by consumers, municipalities and our investors alike."
Van Wert said capitalization rates today have continued to compress given the significant rent growth registered in the SFR space in metro Phoenix. He said this, combined with continued low interest rates and a seemingly ever-increasing universe of interest from prospective buyers, will push the asset sales milestone for the product even higher. He said the company wanted to again prove the Avilla Homes value through a market-driven asset sale.
NexMetro sold the project to Logan Capital Advisors (LCA) of San Diego, which owns and manages a more than 4,000-unit portfolio of both market rate and affordable multifamily located in Arizona, California, Nevada and Colorado. LCA entered the Phoenix market in April 2020 and has since purchased four multifamily communities for a total of $175 million.
"We are excited about the economic activity occurring in North Phoenix with the construction of TSMC's new $12B semiconductor plant, just seven miles from Avilla Paseo. In addition, we love the single-family rental space," said Ruben Islas, LCA Founding Partner. "We believe it provides a premium rental experience for residents, and subsequently a superior return for LCA and our investors. It has been a pleasure working with NexMetro and Berkadia in completing this transaction."
Mark Forrester, senior managing director of Berkadia Phoenix, represented NexMetro in the sale of the property. He said the project, which accepted offers in early October, received strong interest from the investment community.
The detached, single-level one-, two- and three-bedroom homes include hallmark Avilla features such as private backyards and front entries, open floor plans, 10-foot ceilings, granite countertops, stainless steel appliances, hard-surface flooring throughout as well as unique energy-saving innovations. The neighborhood is gated and offers garages, covered parking areas and amenities such as a resort-style pool and spa, outdoor grills, lounge areas, dog parks, walking areas and open space that appeals to a variety of individuals in all stages of life from professional millennials, people in a life transition (single midlife or young couples) to baby boomers/retirees.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
The Market for Single-Family Rentals Grows as Homeownership Wanes
House hunters are attracted to the hassle-free living and lack of down payments, but there's a trade-off: They give up the investment of owning a home.
Oct 22, 2021By Debra Kamin The New York Times
The lawns are manicured. The swimming pools sparkle in the sun. And the homes, all of them turnkey and smelling of fresh paint, are lined up in tidy rows, an army of cookie-cutter porches standing at attention.
Covid-19 inflamed the real estate market, pushed Americans toward the suburbs and changed our relationship with where we live, work and play. It also accelerated interest in built-to-rent housing, which even before the pandemic was expanding at a breakneck pace.
The number of built-to-rent homes - single-family homes constructed expressly for the purpose of renting - increased 30 percent from 2019 to 2020. Today, they make up about 6 percent of all new homes being built in the United States, and that number is poised to double in the next 10 years. This is the fastest-growing sector of the American housing market, and it is increasingly master-planned and built on tracts. On the fringes of America's second-tier cities, entire villages owned by large-scale investors are popping up, offering renters who either can't or don't want to spring for a down payment another path to the American dream.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
'Build-to-Rent': Is It the Next Big Thing in Rental Housing?
Oct 07, 2021By Scott Sowers NAAHQ.org
Homebuilding titans are moving into the rental business by constructing entire communities of rental homes. The business model stretches back to the 1980s and really took off after the Great Recession of 2008. Known as build-to-rent (BTR), single-family rental (SFR) and single-family-built-to-rent (SFBR), the communities are attracting significant interest and capital investment as homeownership in the country is currently below 66% and is expected to keep declining during the next 20 years.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
Built-for-rent houses coming to Tampa Bay suburbs as industry booms
One analyst said the industry is "like a tidal wave that is just about to crash on the beaches of Florida."
Sep 29, 2021By Emily L. Mahoney Tampa Bay Times
Florida has long been home to the sprawl of suburbia - the landscapes of near-identical houses with emerald lawns are as quintessential to the state as its reptile-filled swamps.
But a new type of suburb is sprouting around Tampa Bay: those with new homes only for rent.
Even as the housing market has an insatiable demand of homes for sale, a growing contingent of companies is focusing on constructing built-for-rent subdivisions for what they describe as an equally hungry clientele that signs leases almost as quickly as the homes can be erected.
The built-for-rent trend started in Arizona, and after much success has been spreading, with rental communities appearing in Denver and then Texas, said Brad Hunter, founder and president of Hunter Housing Economics, which advises developers and investors.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Rent-only communities go up across Phoenix area
Aug 16, 2021By Kylee Cruz AZfamily.com
Dreaming of moving into a home, but can't afford to buy one or don't want to deal with maintenance costs? Rent-only communities are popping up across the Valley for people who want space and privacy, but don't want the burden of a mortgage.
"You rent, but you have the house feel but anything that happens to the home I mean basically is covered," renter Nekedra Fulce said. Fulce loves her 3-bedroom home at Avilla Gateway where she enjoys the high ceilings, countertops and maintenance-free living.
"You rent, but you have the house feel but anything that happens to the home I mean basically is covered," Fulce said.
NexMetro Communities developed Avilla Gateway and other rent-only communities like it.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Not For Sale
Why a new type of housing development in markets like Denver has become 'the hottest topic' in real estate
Aug 13, 2021By James Rodriguez Denver Business Journal
Developers across the Denver metro are building hundreds of new, single-family homes that will likely never be sold to individual buyers. Here's what's driving that trend.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
NexMetro Communities continues Phoenix expansion
Jul 28, 2021By AZRE AZ Big Media
NexMetro Communities, a leading developer of luxury leased-home neighborhoods, has closed on three new land acquisitions in Phoenix and Peoria. Sitework will begin this summer on all of the Avilla rental communities, with the units becoming available to residents within the next 18 to 24 months.
The company's growth in Arizona brings the total number of Avilla Homes completed and under development by NexMetro to more than 4,800, representing 40 unique investment partnerships in Phoenix, Dallas, Denver and Tampa metro areas. NexMetro has an additional 1,800 homes currently in pre-development.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.4 Things to Know About Built-to-Rent Homes
Jul 23, 2021By Mike Dunn, Kristina Guerrero The List TV
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.The Rise of Built-To-Rent Single Family Suburbs
Jul 08, 2021By Simone Boyce NBC News
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Future Returns: Investing in the Undersupplied U.S. Housing Market
Jul 06, 2021By Rob Csernyik Barrons.com
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Investors pour money into build-to-rent projects in Colorado
Jun 30, 2021By Adi Guajardo TheDenverChannel.com
Two Arizona-based real estate companies are targeting Colorado to invest in build-to-rent home neighborhoods.
Owning a home can feel nearly impossible in a competitive market like Denver where homes are selling more than $100,000 above the asking price and multiple offers are taking houses off the market faster than ever. The average price for a single-family detached home in the Denver metro area is upwards of $700,000, according to the Denver Metro Association of Realtors. To give potential buyers and renters more options and liberty, investors are buying up land and building neighborhoods of homes specifically zoned to be permanent rentals.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Avilla Homes expands to Peoria
May 05, 2021By Allison Engstrom PeoriaTimes.com
NexMetro Communities is continuing to expand its single-family rental homes by adding a new community in Peoria.
Avilla Lago in Peoria will be located at 10310 W. Beardsley Road, nearby Glendale and Phoenix. It will feature single-level homes with options for one to three bedrooms. Rent starts at $1,380 per month.
They aim to remain modern with high ceilings, granite countertops, stainless steel appliances, washer and dryer, and hard-surface flooring.
NexMetro and Avilla Homes offer a unique experience to people who are interested in renting a home rather than buying a house or leasing an apartment. The Phoenix-based developer has 11 luxury leased-home neighborhoods across the state, with additional developments on the horizon
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
NexMetro plans rental home community in Mesa
Apr 27, 2021By Tribune News Staff East Valley Tribune
NexMetro Communities, a Valley developer of luxury leased-home neighborhoods, is bringing its innovative approach to single-family rental homes with a new community in Mesa.
Avilla Enclave, a 96-home neighborhood in Mesa, is one of six new communities it plans this year in the Phoenix Metro area.
The company boasts its housing provides "renters with the lifestyle of a new home with the carefree maintenance of a lease."
"The single-family rental home category has experienced exponential demand from individuals and families preferring the ease that a rental lifestyle brings, especially in the Valley," said Brian Rosenbaum, executive managing director of NexMetro Communities' Phoenix Division.
"As solid job and income growth, household growth and supply demand and high occupancy rates continue to remain strong; we anticipate this housing trend will remain especially robust, especially as house prices skyrocket in one of the hottest real estate market in the nation."
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Developer looking to build up to 32 high-end homes on flank of North Table Mountain
Feb 17, 2021By Paul Albani-Burgio Arvada Press
A builder once again has plans for the northern flank of North Table Mountain.
This time, the vision is to build up to 32 new single family homes on 30 acres located off of West 58th Drive.
A portion of that parcel, which is owned by Charles Williams, had recently eyed for development by another developer, NexMetro, as part of a proposal to build a 235-unit rental community on the mountain. NexMetro has since abandoned that proposal and is now seeking to build that community on land at the intersection of West 54th Avenue and McIntyre Street.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Construction ramping up for hybrid build-to-rent communities across metro Phoenix
Build-to-rent pipeline exceeds $800M in metro Phoenix
Feb 03, 2021By Angela Gonzales Phoenix Business Journal
Nearly two dozen build-to-rent projects representing more than 3,800 units are under construction across metro Phoenix, as this hybrid model of single-family homes built in a rental community grows in popularity among renters, builders and investors.
With more than 3,750 units already existing in the market, another 4,700 units are in various planning stages, said Thomas Brophy, national director of research and analytics for Colliers International.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Land Advisors sells 13 acres in Peoria for $3.25M
Jan 28, 2021AZBigMedia.com
Land Advisors Organization's Metropolitan Phoenix office announced the sale of approximately 13 acres of land within the Mystic at Lake Pleasant Heights community located in Peoria, Arizona.
Arizona-based NexMetro Communities, a leading developer of luxury leased-home neighborhoods, purchased the site for nearly $3.25 million and plans to begin constructing phase one of the community, which will comprise 263 luxury multifamily units.
NexMetro is the third builder to land in this nearly 1,090-acre community being developed by a partnership between Avanti Properties Group and Voyager Investment Properties LLC, led by Principals Mark Voigt and Dave Rogers.
The Peoria land is located on El Mirage and Westland roads, east of the first phase of 423 lots in the Mystic at Lake Pleasant Heights Community where Lennar Homes and Taylor Morrison are scheduled to start new homes sales this month.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Five new developments that could change North Table Mountain and Fairmont
Nearly 500 units proposed outside Golden
Jan 25, 2021By Paul Albani-Burgio Golden Transcript
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Another builder leaps into Dallas-Fort Worth single-family rent home fray
Jan 20, 2021By Bill Hethcock Dallas Business Journal
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Build-to-rent homes becoming popular in the Phoenix-area
Jan 19, 2021By Nicole Garcia Fox 10 Phoenix
The Phoenix-area has become one of the epicenters of a new trend in the housing market - build-to-rent developments. Developers are constructing brand new single-family homes in gated communities and renters are flocking to them.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Texas builder investing in new D-FW rental home communities
Jan 19, 2021By Steve Brown Dallas Morning News
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Buckeye targeted for wildly popular build-to-rent project
Jan 11, 2021By Angela Gonzales Phoenix Business Journal
Homebuilding in the U.S. needs to seriously catch up.
Following the Great Recession, fewer single-family homes were built in the 2010s than any other decade in the last 60 years, leaving a gap of 5.5 million units, according to the National Association of Realtors. The need for supply is fueling new types of deals, creating opportunities to invest in areas like land banking, which were once given short shrift by investors.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Housing market trend heading to Florida: Single-family homes to rent, not buy
The national trend has made its mark in Arizona, Texas and Colorado, and it's coming to Palm Beach County, builders and analysts say.
Dec 16, 2020By Alexandra Clough Palm Beach Post
Would you rather rent than own, but hate the idea of living right next to someone else? There's a new trend afoot: newly built, single-family houses that are for rent only.
In the latest twist on the housing market, builders and analysts say the trend, prevalent in the western United States, is moving east, including into Florida.
NexMetro Communities, a national home builder based in Arizona, is building a rental residential community in Tampa, and the company is eying Palm Beach County, too. NextMetro builds detached one- and two-bedroom single-family houses, and one-bedroom villas.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.NexMetro Communities continues massive Arizona expansion
Dec 14, 2020AZBigMedia.com
NexMetro Communities, a leading Phoenix-based developer of luxury leased-home neighborhoods throughout the U.S., continues its nationwide expansion by adding six new communities in greater Phoenix to its portfolio.
Avilla Lago in Peoria will open with 120 homes and Avilla Enclave in Mesa will open 96 homes in Q1 2021 with pre-leasing starting in early 2021. Avilla Paseo, located at Northwest Phoenix, welcomed its first tenants in mid-May, and Avilla Gateway, welcomed new residents in July of this year.
Additionally, NexMetro has started development on Avilla Canyon and Avilla Magnolia, all located in Phoenix, with expected opening dates in late 2021 and early 2022.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Build-To-Rent Developers See Opportunity In Growing Renter Class
Dec 10, 2020By Dees Stribling Bisnow National
Owning a detached, single-family house doesn't quite have the appeal it once did. Still, millions of Americans want to live in detached residences, even if they don't want to own them, and developers are stepping up to offer build-to-rent communities.
No single factor is driving demand for single-family rental housing, experts say. Partly, the large millennial demographic is looking for larger places to live but not always to buy, either because they can't afford it or don't want to be tied down. The coronavirus pandemic has also spurred new interest in single-family houses and the distance they provide.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Build-for-rent giant plans two new North Texas housing communities, expanding another
Dec 04, 2020By Bill Hethcock Dallas Business Journal
By Bill Hethcock - Senior Reporter, Dallas Business Journal
Dec 4, 2020, 10:24am EST
Arizona-based single-family rental giant NexMetro Communities has accelerated its march into North Texas with land purchases for future communities in Melissa and Princeton and an expansion in Celina.
The developer of built-for-rent, detached houses has most recently closed on land positions including 23 acres on Milrany Road and 121 in Melissa, 14 acres on Highway 380 and Boorman Road in Princeton and an additional 5-acre land assemblage at The Grove on Preston Road and Frontier Parkway in Celina.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
New single-family rental home project is coming to Grand Prairie
The rental community near Grand Prairie Premium Outlets off Great Southwest Parkway is slated to be ready by the end of 2022.
Dec 03, 2020By Anna Caplan The Dallas Morning News
Plano-based contractor BBL Building Co. has broken ground on its second single-family rental home development in Grand Prairie.
Avilla Traditions, comprised of 218 one-, two- and three-bedroom units, will mark BBL's ninth time to partner with Dallas-based NexMetro Communities on a development in North Texas. The companies have capitalized on the alternative to traditional apartments, a rapidly growing segment of the market both nationally and locally, said BBL's Sara Bette.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Two Housing Subsectors Set to Strengthen
Vacation Homes, Single-Family Rentals Boosted by the Pandemic
Nov 22, 2020By Lew Sichelman Banker & Tradesman
Two relatively small housing submarkets are starting to show signs of strengthening. One of those markets: renters looking for more space, both inside and out. The other: people looking to get away from it all, if only for a few weeks.
Renters should soon see more opportunities to lease brand-new houses specifically built as rentals, while buyers of vacation homes are already flexing their purchasing-power muscles.
The built-to-rent market is, indeed, small. Currently, only about 6 percent of all single-family houses are purposefully built as rentals, working out to about 70,000 houses a year. But that's not enough to keep up with demand, according to RCLCO, a Maryland-based advisory firm that said built-to-rent housing represents a big opportunity for its clients.
Other consulting firms have been saying the same. One, Meyers Research, has suggested that big master-planned communities should contain entire neighborhoods of rental houses. And the National Rental Home Council expects demand to surge.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
NexMetro bolsters position in DFW single-family rental market
Nov 18, 2020By Bill Hethcock Dallas Business Journal
With 14 communities representing more than 2,200 homes that have been completed or are currently under construction in Dallas-Fort Worth, NexMetro Communities has taken a big stake in the North Texas housing market.
But instead of building homes for sale, the Phoenix-based residential builder/developer's communities are constructed as single-family-home rentals, where rates are comparable to a traditional Class A apartment.
NexMetro Communities plans to bring more than 500 homes to three different Fort Worth neighborhoods within the next year as the build-to-rent movement accelerates in North Texas.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
Single-family home rentals coming to market in Fort Worth area
Nov 16, 2020By Neetish Basnet Fort Worth Business Press
Pheonix, Arizona-based developer NexMetro Communities has plans to bring more than 500 homes to three different Fort Worth neighborhoods within the next year.
The luxury residential developments will offer features similar to typical housing plans, like private backyards, front porches, high ceilings, granite countertops, stainless steel appliances and hard-surface flooring.
But unlike any other Fort Worth developments, the residential communities are "built-to-rent." Avilla Homes are single-family housing available for leasing, a housing trend sweeping across the nation as house prices skyrockets as more consumers prefer the ease that the rental lifestyle presents.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
Why Build-to-Rent is the Hottest Thing in Home Building
Nov 16, 2020By Utopia Staff Constructiontopia.com
Demand for build-to-rent single-family communities reaches new heights, driven by affordability and generational preferences and coronavirus-driven lifestyle changes.
When you visit the websites for single-family build-to-rent communities, you might not recognize the difference between these and for-sale neighborhoods. The images, marketing copy, and branding feel much the same as a for-sale community, with descriptions such as "You can feel at home in a neighborhood atmosphere where life is quiet and friendly." Or "...discover front porches and winding lakeside trails that encourage strolling and conversation with your neighbors."
And that's exactly the idea.
Build-to-rent communities offer the lifestyle of suburban, single-family neighborhood living, just without the giant down payment and lifetime commitment.
It's that lifestyle (and, for many, the greater affordability) that has sent interest in build-to-rent skyrocketing over the last few years, and investors, developers, and builders are quickly tapping into an underserved and eager market.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Builders in hot pursuit of a new target: renters
Oct 21, 2020By Beth Luberecki Business Observer
The Avilla Suncoast development currently under construction in Odessa, Pasco County, sounds an awful lot like the standard new-home communities being built all over the region. The 152-home gated neighborhood will feature one-, two-, and three-bedroom single-family homes with private backyards, open floor plans, granite countertops and stainless-steel appliances. Community amenities include a resort-style pool and dog park.
But these new homes aren't being built for sale. The entire community is being built by developer NexMetro Communities as single-family-home rentals, where rates will be comparable to a traditional Class A apartment.
Referred to as "built-for-rent," the new residential housing niche first gained traction in states like Arizona and Texas. Builders and investors created single-family, home-rental communities, and, just like multifamily complexes, renters filled them up. Now with proof of concept, companies like Phoenix-based NexMetro Communities are coming to the Sunshine State.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
Leading single-family rental developer hires VP of Development in Central Florida
Jul 10, 2020YieldPRO.com
NexMetro Communities has hired William Hulton to oversee land acquisition and development of its new single-family rental neighborhood projects in Central Florida. The company recently closed on its first parcel in the greater Tampa market and is identifying additional sites for its Avilla Homes brand of luxury leased neighborhoods.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
Phoenix developer that builds single-family rental homes enters Florida market with land buy near Tampa
Jul 01, 2020By Ashley Gurbal Kritzer Tampa Bay Business Journal
A Phoenix developer that builds single-family rental home communities has made its first Florida acquisition in the Tampa area - and is actively chasing more land deals.
NexMetro Communities paid $3.57 million for a 13-acre site in Odessa, in the northwest corner of State Road 54 and Crossings Boulevard, in a deal that closed June 22, according to Pasco County property records.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
Rental Home Developer Expands into Central Florida
Jun 25, 2020By Ingrid Tunberg GlobeSt.com
Rental home developer, NexMetro Communities has purchased a 13-acre site for a 152-home neighborhood in Odessa, FL. The development will serve as the company's first central FL location.
The new, single-family rental neighborhood, Avilla Suncoast, will feature detached, single-level, one-, two- and three-bedroom homes. The homes will offer private backyards and front entries, open floorplans, high ceilings, granite countertops, stainless steel appliances and hard-surface flooring throughout.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
NexMetro Communities expands into Florida market
Jun 25, 2020AZBigMedia.com
Arizona-based NexMetro Communities, a leading developer of luxury leased-home neighborhoods, has purchased its first Central Florida location for a 152-home neighborhood in Odessa.
Sitework will begin immediately on the 13-acre site, which is located in a prime location near retail, freeways and employment.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Innovative Single Family Rental Developer Continues U.S. Expansion With New Central Florida location
Construction on Avilla Suncoast to begin soon in Tampa Submarket
Jun 25, 2020Tampa, FL
NexMetro Communities, a leading developer of luxury leased-home
neighborhoods, has purchased its first Central Florida location for a 152-home neighborhood in Odessa.
Sitework will begin immediately on the 13-acre site, which is located in a prime location near retail, freeways and employment. "Demand for single-family rental homes remains incredibly strong as consumers seek this unique lifestyle experience that combines the best of a detached home and mortgage-free, maintence-free living," said Josh Hartmann, CEO of NexMetro Communities. He said NexMetro has long identified Central Florida as an ideal location for its Avilla Homes neighborhoods with its robust market indicators, land opportunities and household formation. "Our expansion into Central Florida validates the tremendous appeal of this hybrid housing offering to consumers of all walks of life."
The new Odessa single family rental neighborhood, Avilla Suncoast, is located off the northwest corner of FL-54 and Crossings Boulevard in Odessa, less than half mile from HW 589 and 15 miles north of downtown Tampa. Construction is slated to begin this month, with an opening in early 2021.
The detached, single level 1, 2 and 3-bedroom homes will include hallmark Avilla features such as private backyards and front entries, open floor plans, high ceilings, granite countertops, stainless steel appliances and hard-surface flooring throughout. The Avilla Suncoast neighborhood will be gated and offer garages, covered parking areas and amenities such as a resort-style pool and spa, outdoor grills, lounge areas, dog park, walking areas and open space.
With more than $1 billion completed or in development in the Phoenix, Dallas and Denver markets, NexMetro's entry into Central Florida reflects the company's strategic growth in key locations with demand by lifestyle-conscious consumers of all walks of life who would rather lease than own a home.
The company's expansion into Florida brings the total number of Avilla Homes built and under development by NexMetro to more than 4,800, representing 32 unique investment partnerships. Considered by many as the best risk-adjusted housing industry investment today, Hartmann said
NexMetro has new openings underway and more projects in its pipeline including additional properties in the Tampa and Orlando markets.
"More and more consumers - including a growing number of baby boomers who have owned homes for many years - are choosing to rent rather than own a home," Hartmann said. "Demand for low density, rental housing is outpacing supply. And even as mortgage rates plunge, the demand for our Avilla luxury single family rental home neighborhoods remains strong."
Typically priced competitively with surrounding A-class apartments, Avilla Suncoast will be professionally managed and offer on-site maintenance. Floorplans and additional details are available by visiting Avilla Homes at avillahomes.com or by calling 813-556-9698.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Melissa Council Approves Plans for Community of Rental Homes
Jun 15, 2020By Joshua Baethge The Anna-Melissa Tribune/Statesman.com
At its meeting June 9, the Melissa City Council approved plans for a 19-acre master-planned development at the southwest corner of Sam Rayburn Highway and Milrany Lane.
The area will be called Avilla Springs and will include one-, two- and three-bedroom single-family residential homes. There will also be a commercial component which may or may not include a convenience store.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
Developer of Neighborhoods with Leased Homes Ramps Up North Texas Land Deals
May 11, 2020By Candace Carlisle CoStar News
NexMetro Communities, a Phoenix-based development firm behind luxury leased-home neighborhoods, is closing land deals in Texas despite the coronavirus pandemic with plans to expand its footprint this year in key U.S. cities.
The desire to remain safely at home and socially distance yourself from a traditional apartment community could be favorable for the developer's business model, built on renting individual homes, rather than apartment units, at a distance from one another.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
NexMetro Communities Offers Self-Guided Home Tours
Apr 07, 2020AZ Big Media
NexMetro Communities, a pioneer of single-level luxury leased home neighborhoods, has launched an innovative self-guided touring option. Potential renters will now be able to visit Avilla models on their own time and without the need for in-person appointments with rental agents.
In partnership with Rently, a self-touring application, people looking for a new home within an Avilla neighborhood can register for a self-guided tour online and then receive a secure code that will give them access to the community and the Avilla model home. The app also provides potential residents with a map and directions around the community, giving them the freedom to view as many amenities as they would like.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Living A Hybrid Life
Feb 28, 2020By Angela Gonzales Phoenix Business Journal
Phoenix is ground zero for a rapidly growing hybrid rental housing product that's catching the attention of national homebuilders.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Breaking Down Barriers to Create More Housing Options in Tampa
Feb 24, 2020By Mary Shanklin Urban Land Magazine (ULI)
Whether it's evaluating the negative impacts of single-family zoning in cities or blending single-family rental communities with apartments, developers are working to create more housing by taking new approaches, said panelists during the 2020 ULI Tampa Trends event.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.The New Face Of Rental Housing: Single-Family Built-For-Rent
Jan 16, 2020By Brad Hunter Forbes
Sometimes a small niche is growing so rapidly and becoming so important that it cannot be ignored. Whether you choose to abbreviate it BFR, B2R, or choose from a host of other iterations, the "build-to-rent" niche comprises only 5% of homes built, but it is growing rapidly and highlighting some important emerging trends in housing demand.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.NexMetro Communities Secures Construction Financing for Two New Projects
The developer closed on two mezzanine construction loans totaling $24.3 million for projects in Denver and Phoenix.
Oct 17, 2019By Kelsi Maree Borland GlobeSt.com
The two projects are innovative for-rent communities that serve as a hybrid between conventional garden-style apartments and amenitized single-family homes. Located in Peoria, Arizona, within metro Phoenix's West Valley submarket, Avilla Lago is a gated community totaling 120 modern and stylish units with one-, two- and three-bedroom single-family rental home plans. Avilla Eastlake is located in Thornton, Colorado, and totals 244 equally styled single-family rental units, with one-, two- and three-bedroom home plans ranging from 638 to 1,289 square feet.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
Renters Only: These New Homes Aren't For Sale
Oct 07, 2019By Chris Arnold NPR All Things Considered
A different sort of American dream is under construction outside Denver. More than 130 homes are being framed and nail-gunned together. But there won't be any real estate agents staging open houses. Instead of homeownership, this development is all about home-rentership.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
Single-Family Built-To-Rent Communities Meet a New Range of Renter Needs
How detached units in multifamily-style managed communities-including NexMetro's Avilla Homes-are drawing in renters of all ages.
Sep 05, 2019By Mary Salmonsen Multifamily Executive
For the most part, the recent boom in the single-family rental market was built around small and large investors buying up existing single-family homes-starting in the late 2000s with homes foreclosed on during the Great Recession-and offering them back to the market as rentals. Many of these homes were not originally built as rental properties and may be strewn across communities of owner-occupied homes.
While this poses a great solution for single-family hopefuls, traditional detached home options-built to rent or otherwise-are not feasible for many renter profiles: A full-size family home may not work for a single person, and an isolated rental property may not offer the community and amenity prospects that some renters want. In response to this need, a growing number of companies-including AHV Communities, BB Living, and NexMetro Communities-are taking a different approach to the single-family rental model with entire communities built to rent.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
NexMetro Communities continues expansion plan
Jul 26, 2019AZRE: Arizona Commercial Real Estate Magazine AZ Big Media
Phoenix-based NexMetro Communities has opened its third Avilla community in the Dallas/Fort Worth area. Avilla Heritage in Grand Prairie, TX will offer private luxury rental homes to consumers seeking a new rental experience without the burdens often associated with homeownership.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.Arizona developer opens Grand Prairie rental home community
The Avilla Heritage in Grand Prairie community is NexMetro's third project in North Texas.
Jul 22, 2019By Steve Brown Dallas Morning News
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
NexMetro Communities, Trez Capital to Develop $100M Multifamily Portfolio
Jul 12, 2019By Nellie Day RE BUSINESS ONLINE
NexMetro Communities, Trez Capital to Develop $100M Multifamily Portfolio
DENVER - NexMetro Communities and Trez Capital have partnered to develop five of NexMetro's Avilla Homes communities in a deal worth more than $100 million. The communities will debut in 2018 in Denver, Phoenix and Dallas.
...
To read the full article as seen on RE BUSINESS ONLINE, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
Colorado's first build-for-rent community opening in Commerce City
Apr 14, 2019 By Aldo Svaldi THE DENVER POST
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View PDF of DENVER POST Article
COLORADO'S FIRST BUILD-FOR-RENT COMMUNITY OPENING IN COMMERCE CITY
Single-family homes built entirely to lease, not own
Single-family home communities in Colorado are built to sell to owners, with some investors sneaking into the mix and grabbing properties to offer up as rentals. Avilla Buffalo Run in Commerce City represents a different kind of creature, a single-family community built from the ground up entirely for renters and not owners.
...
To read the full article, as it appears on The Denver Post, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
Finding the Right Product Types for Housing the Fast-Growing Population of Phoenix
Feb 11, 2019By Kathleen McCormick URBAN LAND
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View PDF of URBAN LAND Article
FINDING THE RIGHT PRODUCT TYPES FOR HOUSING THE FAST-GROWING POPULATION OF PHOENIX
As one of the fastest-growing and most populous metropolitan areas in the United States, the Phoenix metro area has seen some 40,000 apartments built since 2010, with demand and prices continuing to rise. Panelists for "Future of Housing: Finding the Right Fit for Changing Demographics," at the ULI Arizona Trends Day session held recently at the JW Marriott Phoenix Desert Ridge, provided a glimpse of how different product types are filling needs for the housing-strapped region.
...
To read more of the article as it appears on Urban Land, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
Momentum Builds for Build-To-Rent
Jan 30, 2019By Susan Bady, Senior Editor PROFESSIONAL BUILDER
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View PDF of PROFESSIONAL BUILDER article
MOMENTUM BUILDS FOR BUILD-TO-RENT
Communities of Newly Built, Single-Family Homes Are Being Developed Exclusively For Renters By Choice
The single-family rental (SFR) market is hotter than ever. A new business model called build-to-rent, or B2R, is emerging, as developers create entire communities of newly built, detached rental homes. Often the amenity package at these communities rivals that of traditional single-family for-sale neighborhoods. It's a trend that is projected to continue as consumers struggle with higher interest rates, higher home prices, and a limited supply of homes for sale. Or simply prefer to rent.
...
To read the full article, as it appears at Professional Builder, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
Phoenix Developer Invests Millions To Develop Hybrid Rental Units In Several States
Jan 10, 2019By Angela Gonzales - Senior Reporter PHOENIX BUSINESS JOURNAL
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PHOENIX DEVELOPER INVESTS MILLIONS TO DEVELOP HYBRID RENTAL UNITS IN SEVERAL STATES
Unique hybrid rental housing unit gaining traction in Phoenix and other U.S. markets
The company expects to invest $500 million this year to build its projects around the country, including $200 million in the Phoenix region
...
To read the full article as it appears online, click on the link above and log into your Business Journal account.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
Want a house without a mortgage? Phoenix rental-home developer to invest $140M in metro Denver
Jan 08, 2019By Kelcey McClung, Reporter DENVER BUSINESS JOURNAL
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WANT A HOUSE WITHOUT A MORTGAGE? PHOENIX RENTAL-HOME DEVELOPER TO INVEST $140M IN METRO DENVER
The company is launching three new for-lease neighborhoods within the next year.
...
To read the full article as it appears at the DENVER BUSINESS JOURNAL, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
NexMetro Gives Back
NexMetro COO Josh Hartmann Donates Mini Tesla To Phoenix Children's Hospital
Dec 02, 2018
Donate to Phoenix Children's Hospital
NexMetro Communities COO Josh Hartmann and wife Kat donated a special gift to Phoenix Children's Hospital Foundation today to benefit next year's Beach Ball silent auction (largest PCH fund raiser of the year). Hartmann, a #Tesla enthusiast and supporter of PCH, so believes in the benefits of electric cars, that every one of the company's Avilla Homes communities include a charging station for residents to use. Josh also drives a red Tesla!
Phoenix Children's Hospital has provided hope, healing and the best healthcare for children since 1983, and has grown to become one of the largest children's hospitals in the country.
With a Medical Staff of nearly 1,000 pediatric specialists, Phoenix Children's provides inpatient, outpatient, trauma and emergency care across more than 70 pediatric subspecialties, the most comprehensive pediatric care available in the state. The Hospital's six Centers of Excellence have grown in size and expertise to place them on par with some of the most prestigious of their kind in the US
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
NexMetro expansion represents $70M+ in new capital investment
Sep 18, 2018AZ BIG MEDIA
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NEXMETRO EXPANSION REPRESENTS $70M+ IN NEW CAPITAL INVESTMENT
NexMetro Communities is opening three new Avilla communities in the Valley to meet the explosive demand for the company's innovative luxury leased home lifestyle option. The new communities in Mesa, Goodyear and southwest Phoenix continue the company's strategic growth into key submarkets that show strong consumer appeal for a new home experience with the freedom of a lease.
...
To read the full article, as it appears on AZ BIG MEDIA, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
Developer of tiny rental homes expands in Mesa, Goodyear and Phoenix
Sep 17, 2018by Catherine Reagor ARIZONA REPUBLIC
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DEVELOPER OF TINY RENTAL HOMES EXPANDS IN MESA, GOODYEAR, AND PHOENIX
One of metro Phoenix's largest single-family rental developers is opening three new Arizona communities in September and expanding into Florida.
...
To read the full article as it appears on AZ CENTRAL, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
A brand new single-family neighborhood, where every unit is a rental. Despite housing shortages driving up home prices, built-for-rent housing continues to grow and evolve.
Sep 10, 2018By Jeff Andrews CURBED
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A BRAND NEW SINGLE-FAMILY NEIGHBORHOOD, WHERE EVERY UNIT IS A RENTAL.
Despite housing shortages driving up home prices, built-for-rent housing continues to grow and evolve.
Matt and Sam Blank always wanted to go into business together, and the housing bust in 2008 provided a once-in-a-generation opportunity for the two brothers to do so. They quit their jobs in New York and moved to Phoenix, Arizona. The plan was to buy houses out of foreclosure at bargain prices with their own money.
...
To read the full article as it appears on Curbed, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
NexMetro Communities Continues Massive Valley Expansion.
Valley's Leading Single Family Rental Developer Opening Three Communities Representing $70 Million+ in New Capital Investment
Aug 27, 2018by Jackie Wright - Rainmaker Marketing & PR
Avilla Lehi Crossing
Avilla Centerra Crossings
PHOENIX (Aug. 27, 2018) - NexMetro Communities is opening three new Avilla communities in the Valley to meet the explosive demand for the company's innovative luxury leased home lifestyle option. The new communities in Mesa, Goodyear and southwest Phoenix continue the company's strategic growth into key submarkets that show strong consumer appeal for a new home experience with the freedom of a lease.
The new openings bring the company's total new communities built in the Valley to nine, with an additional x under development in Phoenix metro and another x open or underway outside of Arizona. With a low cost of living, and Valley job and population growth outpacing the national average by a large margin, NexMetro's single family rental hybrid is more popular than ever, said company President and COO Josh Hartmann.
"There is a significant demand from consumers for a higher-quality leased-living experience that's different than the big box, shared-wall lifestyle a typical apartment provides," said Hartmann, adding that the popularity of Avilla communities spans across multiple demographic groups. He said the three new communities are ideally located in high-demand growth submarkets. "These in-demand locations are ideal for consumers seeking a high-quality rental home lifestyle with easy freeway access with close proximity to major employers, dining, retail and recreation."
The three new Avilla communities - Avilla Lehi Crossing in Mesa, Avilla Centerra Crossings in Goodyear and Avilla Camelback Ranch in West Phoenix - will all open in September, and represent 428 additional homes to the nearly 1,000 units NexMetro has built in the Valley alone. Earlier this year, NexMetro sold three communities for $98 million, marking record-setting cost per door multifamily milestones in multiple submarkets.
NexMetro's record sales and continued expansion reflect how consumers are becoming more discerning in choosing housing options that work for their lifestyle, seeking out luxury leased options as an alterantive to a traditional single-family home ownership or apartment-style living, Hartmann said.
The three new communities - the seventh, eighth and ninth in the Valley - represent alone more than $70 million in capital investment by NexMetro. Pre-sales are now underway prior to grand openings in September with fully-furnished models at all three communities: Avilla Lehi Crossing, located off the southwest corner of Thomas and Val Vista in Mesa; Avilla Centerra Crossings on the southeast corner of Van Buren and Estrella Parkway in Goodyear; and Avila Camelback Ranch on the southeast side of Camelback Road and 103rd Ave. in southwest Phoenix.
Avilla features modern and stylish 1-, 2- and 3-bedroom single-level rental homes with 10-foot ceilings, open floor plans, private backyards, and no shared walls on all 2- and 3-bedroom plans. Homes feature high-end finishes, including quartz countertops, stainless steel appliances, full-size washer and dryer sets and even a charging station for electric vehicles. Residents will enjoy access to a resort-style pool and spa, covered ramada, walking paths and optional garages all within the pet-friendly neighborhood maintained by a professional management company, without mortgage payments or HOA fees. Prior to the fully-furnished model homes opening to the public, pre-grand opening rental pricing is being offered with the opportunity to tour by appointment only. More details, including floorplans are available by visiting Avilla Homes at avillahomes.com or calling (480) 306-8411.
Across its portfolio, NexMetro has sold, completed, or has under construction more than 2,200 units, with invested capital of nearly $350 million throughout submarkets of Dallas, Denver and Phoenix. In addition, the company has more than 925 units currently under development in these markets. NexMetro has been named as one of the Valley's top five multifamily builders, with a closing volume ranking in the top 10 homebuilders in the Valley.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
NexMetro Communities Sells Three Phoenix Metro Assets For $98M
Transactions Represent Cost Per-Door Submarket Records, and Milestone for Pioneer of Single-Level Luxury Rental Neighborhoods
Jul 28, 2018by Jackie Wright, Rainmaker Marketing & PR
PHOENIX (July 28, 2018) - NexMetro Communities, a pioneer of single-level luxury leased home neighborhoods, has sold three assets this month for $98M. The three independent transactions are the first asset sales for the company and mark record-setting cost per door multifamily deals in thriving Phoenix submarkets.
NexMetro today closed on the sale of Avilla Grace in Chandler, a 194-home neighborhood that sold for $45M. On June 25, the company sold 116-unit Avilla Heights (also in Chandler) for $27.84M and sold 125-unit Avilla Palm Valley in Goodyear for $25.1M on June 13.
"These NexMetro sales are a milestone for the company, and further validate the tremendous value in the market for the higher-quality leased-living experience that makes Avilla such a unique alternative to the typical apartment," said Josh Hartmann, President and COO of Arizona-based NexMetro Communities, adding that the company evaluates the hold or sell strategy for each of its assets individually. Hartmann said the company's Avilla gated neighborhoods with single level, detached homes with private backyards, 10-foot ceilings and high-end finishes, generated interest from a myriad of different buyer and investor groups - from high wealth individuals to public REITs. "Avilla neighborhoods offer a truly unique alternative to the typical rental experience, and investors understand the power of its tremendous appeal."
TRANSACTION HIGHLIGHTS ACCORDING TO COSTAR GROUP, INC.
• The Avilla Palm Valley transaction in Goodyear represents the highest price per door ever recorded in the West Valley submarket;
The Avilla Heights and Avilla Grace transactions represent the second and third highest price per door recorded in Chandler (excluding portfolio sales);
• All three projects command rents well above the submarket average and stabilized within one year of delivery.
• Under its Avilla Homes moniker, NexMetro currently has more than 4,000 new rental homes completed, under construction or under contract in the Phoenix, Dallas and Denver and Orlando metro areas.
The Goodyear asset represented the company's official entry into the Phoenix market in 2014 after a group of innovative entrepreneurs developed the Avilla Homes prototype with seven rental neighborhoods in Tucson, Arizona starting in 2011. NexMetro was recently ranked #119 on Professional Builder's 2018 Housing Giants List (a 47% jump from the year prior) because of its unique detached single family rental production.
"NexMetro has seen tremendous success in identifying an unfulfilled niche in housing with our hybrid leased new-home option for consumers who are renters by choice," said NexMetro CEO and cofounder, Ken Abrahams. "This is truly a hybrid housing option that combines the best of both worlds for people who want to live in a new home, but don't want the burden of maintenance and constraints of a mortgage."
Transaction Details:
• Avilla Palm Valley - 4200 N. Falcon Drive, Goodyear - Closed 6/13/18 - 125 homes - $25.1M/$200,800/door. Buyer: New York-based RN Falcon, LLC
• Avilla Heights - 255 E. Chandler Heights Road, Chandler - Closed 6/25/18 - 116 homes - $27.84M/$240,000/door. Buyer: Single purpose entity formed by California-based The Certe Group.
• Avilla Grace - 2121 N. Grace Blvd, Chandler - Closed 6/28/18 - 194 homes. - $45M/$232,000/door. Buyer: Entity of Illinois-based The Inland Real Estate Group of Companies, Inc.
Berkadia was the broker representing NexMetro on all three sales, with leadership from: Senior Managing Directors Mark Forrester and Ric Holway; Senior Managing Director Art Wadlund and Director Clint Wadlund; Senior Director Dan Cheyne.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
NexMetro sells two Avilla Homes communities for $53M
Jun 26, 2018By Angela Gonzales PHOENIX BUSINESS JOURNAL
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NexMetro sells two Avilla Homes communities for $53M
These transactions come as the developer is investing about $350 million in the Phoenix market and another $350 million in Denver and Dallas. The company has more than 3,500 units either completed, under construction or in development in Phoenix, Dallas and Denver.
...
To view the full article as seen on the PHOENIX BUSINESS JOURNAL, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
NexMetro Sells First Phoenix-Area Community
Jun 09, 2018By Tudor Scolca MULTI-HOUSING NEWS (MHN)
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NEXMETRO SELLS FIRST PHOENIX-AREA COMMUNITY
Avilla Palm is a hybrid development, with the physical separation and private backyards of single-family homes and the centralized management of multifamily assets.
NexMetro Communities has sold its first asset, the 125-unit Avilla Palm Valley, located in Goodyear, Ariz., to a private investor for $25.1 million. Teams from Berkadia's Phoenix and Tucson, Ariz., offices represented NexMetro in the transaction.
...
To read the full article as it appears on MULTI-HOUSING NEWS, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
NexMetro continues massive housing expansion
May 25, 2018AZ BUSINESS MAGAZINE
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NEXMETRO CONTINUES MASSIVE HOUSING EXPANSION
Phoenix-based NexMetro Communities is continuing the company's massive Southwest expansion with the opening of the developers 8th Avilla community in McKinney, Texas. The unique leased home neighborhoods have been designed to meet the growing demand for the company's innovative luxury leased home lifestyle. Avilla Northside will offer private luxury rental homes to lifestyle-conscious consumers seeking a new home experience without the burdens of home ownership.
...
To read the full article, as it appears on AZ BIG MEDIA, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
New multifamily concept leads Arizona developer to $2 million land deal
May 24, 2018By John Winslow COLORADO REAL ESTATE JOURNAL
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New multifamily concept leads Arizona developer to $2 million land deal
Adams County
Property Location: SEC S. 27thAve. & Eagle Blvd., SWC Peregrine & Eagle, Aurora
Property Description: Vacant land, 136 units planned for detached rental units
...
To view the full article as it appears on COLORADO REAL ESTATE JOURNAL, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
EXCLUSIVE: This developer is investing $350M to build homes in Phoenix market
May 16, 2018By Angela Gonzales, Senior Reporter PHOENIX BUSINESS JOURNAL
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EXCLUSIVE: This developer is investing $350M to build homes in Phoenix market
Phoenix homebuilder has $700M in construction projects in Phoenix, Dallas and Denver
...
To read the full article at the BUSINESS JOURNAL, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
NexMetro Opens Its 8th Single-Family Rental Community
May 15, 2018By Mary Salmonsen MULTI-HOUSING NEWS (MHN)
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NexMetro Opens Its 8th Single-Family Rental Community
The McKinney, Texas, development is part of the firm's plan to expand its leased-home portfolio by 50% within the next year.
The eighth single-family rental home community in NexMetro Communities' Avilla Homes brand, Avilla Northside, has opened for leasing in McKinney, Texas.
...
To read the full article as it appears on MULTI-HOUSING NEWS, click on one of the above links.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
Southwest Expansion Continues
NexMetro opens its 8th Avilla community in McKinney, Texas.
May 10, 2018by Jacque Petroulakis at NexMetro
Phoenix, AZ -Phoenix-based NexMetro Communities is continuing the company's massive Southwest expansion with the opening of the developers 8th Avilla community in McKinney, Texas. The unique leased home neighborhoods have been designed to meet the growing demand for the company's innovative luxury leased home lifestyle. Avilla Northside will offer private luxury rental homes to lifestyle-conscious consumers seeking a new home experience without the burdens of home ownership.
NexMetro has 2375 units completed or in development, and another 1390 units in predevelopment/entitlement, totaling nearly $700 million investment in the Phoenix, Dallas and Denver markets. The company also has additional plans to move into new key U.S. markets within the next 18 months.
"Our goals of expanding the Avilla portfolio by 50% within the next year is on track and we are very pleased with the response the leased home market is receiving", said Josh Hartmann, NexMetro's Chief Operating Officer. "There is major demand from Millennials and Baby Boomers for a unique rental concept that allows tenants to feel like they are living in a home, but without the responsibility often associated with home ownership. Our neighborhoods provide renters with these amenities and more," said Hartmann.
Avilla Northside is located near historic downtown McKinney and is close to the Towne Lake Recreation Area, the Raytheon Company and abundant retail, services and restaurants. The new luxury rental community offers a truly unique alternative to the typical rental experience, said Ryan Griffis, vice president of operations for NexMetro's Dallas Metro Division.
Avilla offers modern and stylish rental homes, with open and spacious floor plans, private entrances, outdoor patios and backyards. All of the floor plans boast 10-foot ceilings, allowing an abundance of natural light, and feature high-end finishes including granite countertops, stainless steel appliances, full-size washer and dryer and even a charging station for electric vehicles. Additionally, Avilla Homes are pet friendly and offer reserved covered parking and optional garages, plus the perks of neighborhood living, complete with a resort-style pool and beautifully landscaped recreation areas, all maintained by a professional management company, without mortgage payments or HOA fees.
Priced competitively with surrounding A-class apartments, the new fully furnished one, two and three-bedroom models are available for viewing by appointment by calling 214-585-9893 or visiting at avillahomes.com.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
Texas rental home communities expand
May 05, 2018by Steve Brown, The Dallas Morning News THE GUAM DAILY POST
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View PDF of THE GUAM DAILY POST article
TEXAS RENTAL HOME COMMUNITIES EXPAND
Almost 40 percent of Dallas-area residents are renters.
For most of those folks, that means apartments.
But a new development trend is offering another option to local residents who want to rent the roofs over their heads. Arizona-based developer NexMetro Communities is building the second of what it hopes will be several communities that provide renters small single-family homes.
...
To read the full article as it appears on THE DAILY GUAM POST, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
It's not an apartment, Dallas-area rental home communities on the rise
May 01, 2018by Steve Brown, Real Estate Editor THE DALLAS MORNING NEWS
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View PDF of DALLAS MORNING NEWS article
Almost 40 percent of Dallas-area residents are renters.
For most of those folks, that means apartments.
But a new development trend is offering another option to local residents who want to rent the roofs over their heads. Arizona-based developer NexMetro Communities is building the second of what it hopes will be several communities that provide renters small single-family homes.
...
To read the full article as it appears on THE DALLAS MORNING NEWS, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
McKinney featured neighborhood: Avilla Northside
Mar 05, 2018By Cassidy Ritter COMMUNITY IMPACT NEWSPAPER
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View PDF of COMMUNITY IMPACT NEWSPAPER
MCKINNEY FEATURED NEIGHBORHOOD: AVILLA NORTHSIDE
Avilla Northside, located at the northeast corner of Community and White avenues, is expected to open in April. The neighborhood will feature 118 single-level, detached rental homes.
The homes have 10-foot ceilings, full-size washers and dryers, stainless steel appliances, private backyards and front porches.
...
To read the full article as it appears on the COMMUNITY IMPACT NEWSPAPER, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.
APPEARING IN PRINT
NexMetro Communities, Trez Capital to Develop $100M Multifamily Portfolio
Dec 20, 2017by Nellie Day RE BUSINESS ONLINE
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NexMetro Communities, Trez Capital to Develop $100M Multifamily Portfolio
DENVER - NexMetro Communities and Trez Capital have partnered to develop five of NexMetro's Avilla Homes communities in a deal worth more than $100 million. The communities will debut in 2018 in Denver, Phoenix and Dallas.
...
To read the full article as it appears on RE BUSINESS ONLINE, click on one of the links above.
About Avilla Homes
A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.
To learn more Click Here.About NexMetro
NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.
To learn more Click Here.