TIC Acquires Blue River Communities and Merges into Rêve Homes

Staff Report From Georgia CEO

Wednesday, February 19th, 2025

Trilogy Investment Co. (TIC), a leading real estate investment and development firm specializing in build-to-rent (BTR), for-sale and lot development, alongside Seed Capital Investments of Duluth, Georgia, announces the strategic acquisition and integration of Blue River Communities (BRC) into its new homebuilding company, Rêve Homes. This evolution aligns with TIC’s vision to expand its presence and capabilities in the real estate sector, leveraging innovative approaches to development, construction and investment optimization. 

Rêve Homes specializes in new home construction with a primary focus on the single-family residential market. The company is poised to meet the demands of the Build-to-Rent (BTR) and for-sale housing. Rêve Homes has seven (7) communities under development totaling 700+ lots with projects underway in Clarke, Cobb, Bartow and Henry Counties of the Atlanta metro region, Huntsville, Alabama and Tallahassee, Florida.

“The integration of BRC into our Rêve Homes brand marks a significant milestone in TIC’s broader strategy to deliver homes that meet the evolving needs of today’s buyers and renters,” said Jason Joseph, CEO and Partner of TIC. “The vertical integration creates an amazing opportunity to control the quality of our homes while reducing redundant costs across each development. What were once not viable investments now become opportunities to engage, create, and move our developments forward in a meaningful way.” 

Greg Duriez, formerly with BRC, serves as the CEO, President and Partner of Rêve Homes. He has an impressive 35-year tenure in the new home construction industry and has worked for various large national and regional home builders. Duriez is set to lead Rêve into its next phase of growth. The homebuilding company will focus on market-rate single-family detached homes and townhomes priced from the $300,000s to $600,000s. 

“It’s an opportune moment to leverage my experience and contribute to a company with an upward growth trajectory,” said Duriez. “TIC has proven to be a major player in BTR and land development. Rêve Homes is the natural next step in the company’s evolution, and I am excited to be a part of the story.” His addition to the team responds to current market demands for BTR and for-sale housing, fostering partnerships with BTR investors and addressing the ongoing housing shortage. 

Rêve Homes will have first-hand access to sought-after newly approved and developed communities given TIC’s robust land pipeline, strong financials, seasoned industry partnerships and experienced leadership team.  

Previously, Duriez has grown and led homebuilding teams in Georgia, North and South Carolina, New Jersey, Tennessee, Florida, Texas and Alabama. His expertise will be instrumental in guiding Rêve Homes’ strategic expansion throughout key markets.

TIC owns or is under contract for additional sites in locations, including Charlotte, Raleigh, North Atlanta, Tampa, Orlando, Dallas-Fort Worth, Asheville and Savannah. This expansion and growth reflect the company's commitment to building relationships and providing high-quality housing solutions for ever-increasing demand.