ASHEVILLE – Trilogy Investment Co. enters the high barrier to development and booming Asheville market with three new Build-To-Rent communities located throughout the Asheville metro area. The three Rệve Communities, located in Arden and the city of Asheville, comprise 267 rental townhomes across 35 acres.

The communities are located near Interstate 26 and State Route 191, with access to all that Asheville offers including the Biltmore Estate and Biltmore Village, multiple mountains, and the Asheville regional airport.

Trilogy Investment Co. looks forward to working with county representatives as it continues to develop these Asheville communities.

“With the huge lack of housing in the area, we’re excited to introduce attainable rental housing to an under-served market. We love the area and appreciate its natural surroundings,” said Jason Joseph, CEO and Partner with Trilogy Investment Co. “Trilogy Investment Co. has been working for nearly two years to accomplish the zoning, entitlement, and permitting process that enabled us to enter in the Asheville market.”

“With more than 450,000 people living in Asheville MSA, these communities will address a huge lack of housing in the area,” said Joseph.  

Construction is scheduled for Q3 2024, with pre-leasing beginning in mid-2025.