New York – GTIS Partners recently announced the launch of Tavalo, a dedicated build-to-rent community development company and a subsidiary of GTIS.
Tavalo creates places where people live, play, and gather, developing purpose built communities that provide a variety of product types and an amenitized lifestyle experience through thoughtful planning and design.
GTIS conducts macro research into what drives value and returns for build-to-rent communities and applies bespoke approaches to every market in which it develops. By evaluating each location and shaping communities around its research, the company is able to remain agile, adjusting the design, programming, and amenities of each community to fit the needs of all residents. GTIS remains committed to ESG efforts through Tavalo, utilizing design and product construction to deliver sustainable solutions from energy and water efficiency to smart home technology.
Tavalo has already completed its first of many planned build-to-rent community projects, called Tavalo at Cadence, which is located in Mesa, Ariz. and includes a total of 197 build-to-rent units, a fully equipped gym, a yoga studio, three resort-inspired pools and a spa. Additionally, by using HercuWall, a panelized wall system comprised of concrete, steel, and EPS, energy costs at Cadence have been reduced by 20 to 40%.
In addition to Tavalo at Cadence, the company has begun work on seven additional build-to-rent communities in both the greater Phoenix area and South Florida. Locations include Queen Creek, Glendale, Avondale and Surprise in Arizona as well as Wesley Chapel, San Antonio and Port St. Lucie in Florida. Upon completion of these projects, Tavalo and GTIS will have developed approximately 2,100 build-to-rent units.
