Trilogy Investment Company, a fully integrated residential development and investment firm, today announced the acquisition of REV3 at Millcreek, a 90-townhome development in Athens, Georgia. Originally planned as a for-sale community, Trilogy Investment Company will convert the property into a build-to-rent community, marking its first conversion of this kind. TIC has two additional “for-sale to rent” conversions expected to close within the next 90 days, reflecting its conviction in this evolving housing approach.

“REV3 at Millcreek represents a turning point in housing delivery,” said Jason Joseph, CEO and Managing Partner of Trilogy Investment Company. “As homeownership becomes out of reach for many, resulting in slower absorption for retail communities, converting existing developments into professionally managed rentals lets people enjoy the space, amenities, and neighborhood feel of a home without the long-term burdens of ownership. This project not only meets current housing demand, but offers a scalable model for the future.”

REV3 Homes, a division of Trilogy Investment Company, will serve as the builder for the community, bringing over 125 years of combined team experience in quality construction and innovative design. REV3 will deliver a neighborhood reflecting the firm’s commitment to craftsmanship, innovation, and long-term community investment.

With homes reaching 1,667 square feet, each home will offer three bedrooms and two-and-a-half and three bathrooms, with open-concept layouts, stainless steel appliances, LVP flooring, smart home technology, and attached garages.

Amenities will include walking trails, open green space, a playground, and pet-friendly areas, creating a neighborhood that blends comfort with connection to the outdoors. Ideally located at 165 Mill Center Boulevard, REV3 at Millcreek offers convenient access to Highway 316 and the State Route 10 Loop, providing easy commutes to major job centers and nearby destinations. Residents will be just minutes from downtown Athens, the University of Georgia, and some of the city’s most popular attractions, including the Classic Center and Akins Ford Arena, the Georgia Museum of Art, the State Botanical Garden of Georgia, and the lively local music scene that defines downtown Athens.

Leasing has already started, with the first homes scheduled for delivery in November 2025.

For more information, please visit www.trilogyic.com.