Trilogy Investment Company, a fully integrated residential development and investment firm, in partnership with Provest Partners, has closed a construction loan and broken ground on REV3 at Pinnacle Meadows, a 73-unit build-to-rent townhome community in Asheville, North Carolina.

The project marks Trilogy Investment Company’s first build-to-rent investment in Asheville and its first partnership with Provest Partners, a Korean fund manager, further expanding the firm’s footprint across high-growth Sun Belt markets. Vertical construction is expected to begin in early 2026. 

Asheville has emerged as one of North Carolina’s most in-demand lifestyle markets, fueled by steady population growth, a strong tourism economy, and limited new housing supply. The city has grown by roughly 15 percent since 2010, with demand driven by its cultural scene, outdoor access, and quality of life. 

“REV3 at Pinnacle Meadows represents an important milestone for Trilogy as we enter the Asheville market and launch our first partnership with Provest Partners,” said Jason Joseph, CEO and Managing Partner of Trilogy Investment Company. “Asheville is a supply-constrained, high-barrier market where demand for flexible, high-quality rental housing continues to grow. This project aligns well with our strategy of delivering thoughtfully designed build-to-rent communities in lifestyle-driven markets that offer long-term durability.”

Located near South College at 21 State Road 3078, REV3 at Pinnacle Meadows will feature 73 two- and three-bedroom townhomes averaging 1,228 square feet each, each with a one-car garage. The community is designed to offer residents modern, low-maintenance living paired with scenic mountain views and convenient access to the city’s core. 

REV3 Homes, a division of Trilogy Investment Company, will serve as the builder for the project, bringing more than 125 years of combined team experience in residential construction. The team will deliver a neighborhood that reflects Trilogy Investment Company’s focus on quality execution, efficient design, and long-term community value. 

Situated just minutes from downtown Asheville, the community provides easy access to the city’s dining, arts, and retail offerings, as well as the River Arts District along the French Broad River and outdoor recreation throughout the surrounding Blue Ridge Mountains, including the nearby Blue Ridge Parkway. 

Leasing is anticipated to begin in early Q2 2027, with initial home deliveries scheduled for late Q2 2027. For more information, please visit www.trilogyic.com.