SAN ANTONIO—As the end of the year quickly approaches, companies are taking a look at the year in review and forecasting what may lie ahead for 2018. AHV Communities is a privately held developer, builder and operator of luxury single-family home rental communities. Its founder and CEO Mark Wolf recently discussed land strategy, labor and material costs, investor trends, buyer and renter demographics, and building and design trends in this exclusive.
GlobeSt.com: Tell us more about your land strategy for 2018.
Wolf: AHV Communities doesn't typically hold land we aren't immediately developing, however, we are currently acquiring land in Nashville, Atlanta, Austin and San Antonio. These markets are strong and have been for some time, and our immediate timeline doesn't put an undue amount of risk on us or our partners. While land is more competitive now, sellers value our rental approach over the traditional for-sale approach where frustration often comes with constant changes of large builders' needs, personnel and red tape. With our recent capital commitment and another soon-to-be-announced commitment, we are looking to expand and add to our pipeline of rental communities.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
