Trilogy Investment Co. (TIC), a pioneering build-to-rent (BTR) development company, announces the sale of Styers Ferry to Lennar, one of the nation’s leading home builders. This 102-lot single-family subdivision is located on Styers Ferry in Winston Salem. Phase one closed in May 2024 for $2.5 million, with the second and third phases closing over the next nine months. This represents TIC’s second successful closing with Lennar.

“This is the second project where TIC has shifted from build-to-rent to for-sale. The decision is driven by the changing market dynamics and our strong commitment to strengthen partnerships with national builders like Lennar,” said Jason Joseph, CEO and Managing Partner of TIC. “The Winston-Salem market is rapidly growing, presenting a regional ideal opportunity to transition from build-to-rent to for-sale homes, while the capital markets improve and the rental housing platform along with it.”

According to a comprehensive housing study by the City of Winston-Salem, the area is short more than 16,000 affordable homes, and affordable housing is a priority. “TIC is complementing its BTR platform through their land and lot development strategy to help builders achieve affordability in markets such as Winston-Salem,” said Joseph.

Located at 4400 Styers Ferry Road, in Winston-Salem, the community is conveniently situated just off prestigious Country Club Road, minutes away from fine dining and shopping venues, along with the significant employment bases and interstate I-40 and Highway 421

Family-friendly amenities will include green space and a community clubhouse.

Styers Ferry is one of six TIC projects in North Carolina. Based in Alpharetta, TIC focuses on BTR via its nationwide platform.

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 rental living.  To learn more about TIC, visit www.trilogyic.com and follow the company on LinkedIn.