BTR Daily - March 31, 2026 - AHV Communities opens 163-unit BTR

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NEWS ROUNDUP

DEVELOPMENT: AHV Communities opens 163-unit BTR. AHV Communities has opened The Selby, a 163-unit BTR development in Colorado Springs. Christian Lauter, a CoStar Impact Award judge and client services manager with Greystar Real Estate Partners, said The Selby delivers the kind of housing residents want in the location they want it, even as the Colorado Springs market deals with high vacancy and weak rent growth.

DEVELOPMENT: Woodfield Development and PGIM start 114-unit project. A JV between Woodfield Development and PGIM has started construction on Nexton Townhomes, a 114-unit BTR community in the Nexton master-planned development in Summerville, South Carolina, with completion scheduled for late 2027. Pinnacle is financing the project, which will offer two- to four-bedroom homes ranging from 1,788 to 2,401 square feet.

FUNDRAISING: Oaktree readies huge IPO for UK BTR platform. Oaktree Capital Management is preparing a London IPO for its CompassRock BTR platform that could value the business at about £1.2 billion. The portfolio includes roughly 2,750 rental units across the UK and Ireland, with most of the assets already stabilized and producing income.

DEVELOPMENT: Chapco Design breaks ground on amenities at Georgia BTR. Chapco Design Build has broken ground on the amenity package for The Cottages at Villa Rica, a BTR community in Villa Rica, Georgia. The project will feature JCCG’s Ranch Cottages for Rent product and is designed to expand multifamily housing options in a growing metro Atlanta submarket.

READ: BTR multifamily starts jump 18% in Q4 2025.

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BTR FOR SALE

Click each image for more information:

58 Units | Class A | 75% Occupancy

129 Units | Completed in 2021 | Avg. Leased Rent: $1,841 | 2-Car Garages

ONE MORE THING

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