Trilogy Investment Company (TIC) announces the sale of Garden Oaks, a 75-lot subdivision in Tallahassee, Florida, to Blue River Communities (BRC). These are the first developed lots purchased by BRC from Trilogy Investment Co.

The sale marks the beginning of a strategic partnership between Trilogy Investment Co. and Blue River Communities. This joint venture will bring over 1,200 future homes to the market from 2025 to 2028.

Trilogy Investment Co. acquired Garden Oaks on Virgil Road in late 2022 and has since fully developed the community into 75 single-family home lots, ready for home building to begin. This successful project underscores Trilogy's ability to deliver much needed lots on time, support the growth of quality housing developments, and provide healthy returns to its investors.

"With the continued growth of for-sale homes and the continuing challenge in the capital markets, there is a greater need to pivot to for-sale homes, with a softening of rents and supply in certain tertiary markets," said Jason Joseph, CEO and Managing Partner of Trilogy Investment Co. “Once we pivoted to a for-sale approach on Garden Oaks, it just made sense to work with our build partner, Blue River Communities.” 

The sale of Garden Oaks strengthens the relationship between Trilogy Investment Co. and the Blue River family of companies. It further punctuates the need for finished lots in a market with a severe shortage of for-sale homes. 

Trilogy Investment Co. 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.