NexMetro Communities

NexMetro Communities, the pioneer developer of luxury leased single-family rental neighborhoods, is opening its 21st new Avilla Homes community (AvillaHomes.com) in Metro Phoenix, with more projects currently in development. NexMetro will open Avilla Palomino (www.AvillaPalomino.com) in Glendale in late-November and has opened two other projects earlier this year—Avilla Broadway ( www.AvillaBroadway.com) in Phoenix and Avilla Mystic (www.AvillaMystic.com) in Peoria. The build-to-rent (BTR) Developer has four more projects under construction in the Valley and has nearly 60 projects representing more than 10,000 homes across the nation either completed or in development. “Our Avilla neighborhoods continue to provide an option for those renters by choice seeking the privacy and comforts of a single-level detached home without the hassles of home ownership,” said Linda Coburn, vice president of asset management for NexMetro. “This high-quality living experience has broad appeal, and our residents are very diverse—from millennials and young families to those in mid-life and retirement.” Click to view the entire AZ Big Media article: https://lnkd.in/gjCTcT8G #NexMetro #BuildToRent #BTR #AvillaHomes #LuxuryLeasedLiving

Exciting progress at South Pine Townhomes in South Fulton! The clubhouse and first 6 buildings are now taking shape, marking a significant milestone in this ambitious project. We're thrilled to partner with NexMetro on their groundbreaking Atlanta debut. This dynamic 193-unit gated community, spread across 34 acres, promises to redefine luxury leased living with its clubhouse, pool, playground and sport court. Since breaking ground in August 2023, we've been full steam ahead, aiming for a spectacular completion in 2025. Discover more about this innovative BTR development: https://lnkd.in/dz4WaKZF #JCCG #BTRDevelopment #RealEstateInvestment #MultifamilyDevelopment #NexMetro #SouthPineLiving

Congratulations to NexMetro Communities Chief Accounting Officer Max Taylor for being named a finalist for the AZ Big Media 2024 CFO of the Year Awards, which will be presented November 6, 2024, at Chateau Luxe in Phoenix. Get tickets here https://lnkd.in/gEzej86s and read about all the finalists here: https://lnkd.in/gm84kw8P #NexMetro #AvillaHomes #ChiefAccountingOfficer #ThePursuitOfExcellence #CFOoftheYear

Please join us in celebrating NexMetro Communities Asset Operations Manager Jennie Raye Benson on her 1-year milestone anniversary with the company! Congratulations, Jennie Raye! #NexMetro #AvillaHomes #BuildToRent #BTR #AssetManagement #ThePursuitOfExcellence

Wet utilities have been completed and dry utilities are a few weeks from completing. With underground plumbing starting, foundations will soon start taking shape along with paving being placed. When complete, Avilla Railhead will be home to 211 families with private backyards, pool, dog parks and grill station area in Cleburne, TX. #bblbuildingco #avillarailhead #cleburnetexas #buildtorent

Please join us in commending NexMetro Communities Senior Investor Relations Specialist Evan Hauser on his 1-year milestone anniversary with the company! Congratulations, Evan! #NexMetro #AvillaHomes #BuildToRent #BTR #InvestorRelations #ThePursuitOfExcellence

"Phoenix-based homebuilder NexMetro Communities is expanding to greater Atlanta, investing more than $210 million in its venture into the Peach State. The company plans to deliver three communities of purpose-built, single-family rentals in South Fulton, Hall County and Stockbridge, the first of which is scheduled to open for resident move-ins early next year. Sean Rust, NexMetro’s Atlanta-based vice president of development, said that NexMetro was drawn to Atlanta as a market for potential expansion because of the metro area’s recent population uptick, especially among key BTR demographics like millennials, young professionals and active adults preparing to retire or become empty nesters. A fourth NexMetro community is anticipated to land in Aiken County, South Carolina, just outside of Augusta. All four communities should feature a combined 687 homes. The Augusta community is planned to open in 2026." Read the entire article in the Atlanta Business Chronicle below. #NexMetro #AvillaHomes #BuildToRent #BTR #AtlantaRealEstate #LuxuryLeasedLiving #SouthPine https://lnkd.in/gbdBjiwE

We value the relationships we continue to develop with partners like Mosaic, who share the same drive to innovate and grow by leveraging improved efficiencies and smart technology, as illustrated in this new Forbes article by Jennifer Castenson. “You cannot speak enough to the reputation of good partners to help the flow of steady resources,” said Jacque Petroulakis, chief communications officer at NexMetro Communities. “In construction, partnerships enhance the project quality, so to bring in experts with the knowledge is critical." Click the link or on the image below to read the article: https://lnkd.in/eahq5Cnd #NexMetro #AvillaHomes #BTR #BuildToRent #LuxuryLeasedLiving #CollaborativeSpirit

We're seeing consumer demand increase because of lifestyle preferences for privacy, quality, convenience and luxury. And we're not the only ones. #NexMetro #AvillaHomes #BuildToRent #BTR #RentersByChoice #LuxuryLeasedLiving

Presenting the NexMetro Dividend Fund, an open-end, private credit fund for investors seeking quarterly distributions. ⏺ Attractive 11% current coupon ⏺ Preferred equity strategy (lower risk than equity fund) ⏺ Capital preservation, diversification ⏺ Redemptions quarterly (after initial lock) Click this link to learn more about the NDF and all our Investment Opportunities: https://lnkd.in/g95m8Wvh #NexMetro #AvillaHomes #InvestmentOpportunity #DividendFund #PreferredEquityStrategy #WealthManagement #BuildToRent #BTR #LuxuryLeasedLiving