Trilogy Investment Co. (TIC), a vertically integrated residential investment and development company specializing in build-to-rent (BTR) and land development, announces the successful sale of a 65-lot townhome subdivision, Hillcrest, in Winston-Salem, North Carolina, to Lennar, one of the nation’s leading home builders. The $4.6 million sale represents the third closing with Lennar.
Since acquiring the 10.65-acre Winston-Salem property in March of 2022, TIC has transformed the site from raw land into 65 fully developed townhome lots, ready for the national builder to start vertical construction.
Trilogy Investment Co. & Lennar
“This is the third closing with Lennar and the second for TIC in Winston-Salem. This partnership will continue to grow as the market, which is showing signs of strengthening, presents more opportunities for us,” said Jason Joseph, CEO and Managing Partner of TIC. “TIC’s focus is building high-quality BTR communities. However, this successful transaction underscores how we capitalize on its investments while supporting the growth of quality housing developments through finished lot sales to for-sale builders.”
More on Hillcrest
Located in the 27103 zip code at Eagle Creek Court and Stratford Roads in Forsyth County, Hillcrest is served by the Winston-Salem/Forsyth County school system. A growing area, Hillcrest residents will enjoy numerous attractions within 11.5 miles, including Old Salem Museums & Gardens, the Children’s Museum of Winston-Salem and Reynolds Gardens. Other nearby amenities include the Winston-Salem Fairgrounds and farmers’ market.
Hillcrest is one of six TIC projects in North Carolina. Based in Alpharetta, TIC focuses on BTR via its nationwide platform and lot development throughout the Southeast.
About Trilogy
TIC stands out in the BTR industry for its innovative approach, commitment to quality, strategic investments, and community engagement. As the company looks forward to continuing its growth trajectory and expanding its portfolio, it remains dedicated to setting new standards of excellence and shaping the future of residential living. To learn more about TIC, visit www.trilogyic.com and follow the company on LinkedIn.
