Mill Creek Residential announced the launch of Amavi by Mill Creek, the company's single-family, build-to-rent brand. The developer expects to break ground on its first Amavi communities before the end of the year.
Amavi communities will feature detached, townhome, and cottage-style single-family rentals in markets nationwide. The homes will include private yards, garages, and smart-home technology. In addition, the communities will offer proximity to thriving employment centers, strong school districts, and vibrant dining, shopping, and entertainment options, says the developer.
“Amavi communities will carve out a unique place in this sector because their product offerings, amenities, and interior finishes will be tailored to each individual community and submarket,” says Callum Parrott, president of single-family rentals at Mill Creek. “Each community will feature its own custom mix of home types designed to the needs of that market’s renters. We have already found significant enthusiasm and confidence in the capital markets for our efforts, and we look forward to delivering a truly best-in-class living experience to renters.”
Amavi homes will include high-quality interior finishes and energy-efficient features, including smart thermostats, water leak detection, real-time monitoring of water and energy use, and smart access control.
The build-to-rent communities will also offer conventional leasing teams on site, as well as offer prospective residents the option to take self-guided tours. The experience will be tailored to the customer’s desired experience, including the option of a fully contactless leasing and move-in experience.
“The past couple of years have demonstrated the immense demand for professionally managed single-family rentals,” adds Parrott. “At Mill Creek, we have established two outstanding brands in the multifamily space, Modera and Alister. We will leverage the customer-service expertise we've developed while building those brands to offer our single-family residents a truly outstanding living experience, complete with an array of move-in, customer-satisfaction, and service guarantees. Add it all up, and we are confident Amavi will truly represent the new leasing lifestyle."
