AHV announces $500m committed for rental communities in 2021

AHV Communities announced 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 is expanding both its staff and its target markets to accommodate its growth and to meet renter demand in key underserved markets.

“AHV Communities has entered a significant period of expansion and growth,” said Mark Wolf, CEO of AHV Communities. “After pioneering and proving the luxury single-family rental contiguous community model years ago, working diligently to educate both the real estate and capital markets on its viability, the sector has finally garnered the full attention of institutional capital and AHV communities has hit its stride.”

AHV Communities’ current 2021 pipeline encompasses both single-family rental and attached townhome and duplex