By Jeffrey Steele | Multi-Housing News
Trilogy Investment Co. has taken the wraps off Rēv3 at Encanto West, a new 84-unit build-to-rent townhome located community in Avondale, Ariz., a western suburb of Phoenix. Situated in a municipality in the rapidly-expanding West Valley, the community is currently in lease-up, with the initial move-ins expected this autumn. Trilogy is developing the project alongside Cimbra Partners LLC.
The Trilogy team confronted two challenges in completing the Rēv3 at Encanto West development. The first was “municipal staff changes affecting our ability to process the final permit through the approval process,” Jason Joseph, CEO and managing partner of Trilogy Investment Company, told Multi-Housing News.
The second? “Utility related changes at the property level and surrounding properties. Both of these items caused 12-plus months of delay.”
