Expansion opportunities The Havenly build-to-rent model is growing with new communities planned in Phoenix DMA, Northern Arizona, and soon New Mexico, indicating potential multi-site sales and partnerships with property managers, developers, and lenders in adjacent markets.

Financing leverage Recent $30M Fannie Mae cash-out financing for The Havenly Superstition signals strong lender confidence and potential financing partnerships or qualification for similar utility-scale acquisition, refinancing, or expansion deals with developers and investors.

Award credibility Gold award for The Havenly Fountain Hills enhances credibility with occupants and investors, presenting an opportunity to pursue scoping discussions for additional build-to-rent projects and leasing partnerships with property management firms seeking proven operators.

Energy efficiency A focus on high energy efficiency and innovative designs offers a compelling value proposition for partnerships with green build suppliers, utility programs, and municipal programs seeking energy-smart housing and potential incentives.

Market positioning As a long-established, family-owned builder transitioning to build-to-rent since 2022, Keystone Homes can position as a trusted partner for municipalities, lenders, and institutional buyers looking for a proven, customer-centric operator with visible project success and growing scale.