San Antonio- and California-based AHV Communities, a developer of purpose-built single-family rental (SFR) homes, said Monday that its 2021 project pipeline now includes eight communities encompassing 1,500 rental units and more than $500 million in committed capital. The 2021 pipeline follows a surge in four deals completed and under construction in late 2020 valued at $300 million.
“AHV Communities has entered a significant period of expansion and growth,” said CEO and co-founder Mark Wolf. “While we started the year with a schedule of eight communities, we expect our activity will expand. We believe we are on target to hit a pipeline of 12 or more communities this year.”
The company’s current 2021 pipeline encompasses both single-family rental and attached townhome and duplex units. The communities, in various stages of development and operation, are located in Seattle, Southern California, all four Texas MSAs, Denver and Nashville.
Pictured: AHV’s Pradera in far west San Antonio.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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