NexMetro Communities LLC is formed, with headquarters in Phoenix.
Avilla Palm Valley opens in Goodyear, AZ as the first Avilla Homes neighborhood in Metro Phoenix under the NexMetro flag.
Dr. Howard Rossman is the Vice Chairman of Mesirow Financial Holdings Inc. and the founder and past CEO and Chairman of Mesirow Advanced Strategies, Inc., one of the largest fund of hedge funds in the world. In those roles, he was a member of the investment, executive and management committees and responsible for all aspects of organizational management, including due diligence, strategic analysis and planning and market development.
NexMetro opens Avilla Premier in Plano, TX representing the first Avilla Homes expansion outside of Arizona.
NexMetro sells its first three projects in Metro Phoenix for $98M - setting submarket per-door records.
NexMetro delivers its 1,000th home, surpassing volume of many single family builders.
NexMetro closes on its 20th Avilla Homes project, with sites in metro Phoenix, Dallas, Denver and Tampa.
Josh Hartmann is named CEO of NexMetro; Founder and first CEO Ken Abrahams is named Executive Chairman of the NexMetro board of directors.
NexMetro opens first Denver metro project, Avilla Buffalo Run in Commerce City.
NexMetro surpasses the 5,000 unit mark of projects completed, under construction, and in development.
NexMetro surpasses $1B in assets under management and in escrow.
NexMetro closes on its 30th Avilla Homes project, representing sites in the Phoenix, Dallas, Denver and Tampa markets.
NexMetro closes on the first Avilla parcel in Tampa, Florida market.
NexMetro exceeds $1B in invested capital.
NexMetro closes on its 40th Avilla Homes project, representing sites in the Phoenix, Dallas, Denver and Tampa markets.
NexMetro closes on the first Avilla parcel in the Austin, Texas market.
NexMetro closes on the first Avilla parcel in the Atlanta, Georgia market.
NexMetro Communities celebrates its 10-year anniversary as the pioneer of build-to-rent communities.
Helaine Levy has more than 30 years of business leadership experience and proven success as a visionary, problem solver, and strategic partner. As Principal of Diamond Ventures, Inc, one of Arizona's most successful real estate development companies (residential, commercial and industrial), Levy helps to guide the Tucson-based company, including its private equity investments. Levy's additional investment experience includes the management of her family's multigenerational office and investments.
Josh Hartmann serves as CEO and now also Board Member of NexMetro, the country's leading developer of single-family rentals. He brings more than 25 years of real estate management and development to this role and is using that background to create innovative home solutions in the country's hottest housing markets. He is responsible for developing and implementing both short and long-term business strategies to ensure the company's continued growth, effectiveness, and sustainability.
NexMetro exceeds $2B in invested capital.
NexMetro closes on the first Avilla parcel in the San Antonio, Texas market.
NexMetro closes on its 50th Avilla Homes project, representing sites in the Phoenix, Dallas/Fort Worth, Austin, San Antonio, Denver, Tampa and Atlanta markets.
NexMetro's Avilla Canyon (Phoenix, AZ) was crowned winner of the 2023 Arizona Multihousing Association (AMA) Tribute Award for Best Design in the Developer Build-to-Rent category.
NexMetro expands its employee count to 65 team members.
NexMetro Communities wins 1st Place in the Phoenix Business Journal’s 2023 Best Places to Work Awards, Small Company category.
NexMetro Communities was named Best Real Estate Workplace Culture (142 AZ Workforce or fewer) in Ranking Arizona: The Best of Arizona Buisness 2024.
NexMetro surpasses the 10,000 unit mark of projects completed, under construction, and in development.
NexMetro exceeds $2.6B in invested capital.
NexMetro Communities wins 1st Place in the Phoenix Business Journal’s 2024 Best Places to Work Awards, Small Company category, for the second consecutive year.
NexMetro closes on its 60th Avilla Homes project, representing sites in the Phoenix, Dallas/Fort Worth, Austin, San Antonio, Denver, Tampa and Atlanta markets.