TAMPA, Fla.--(BUSINESS WIRE)--Mosaic, the nation’s leading institutional-grade general contractor, today announced its expansion into Florida and the appointment of Chase Pattillo as Regional Director of Operations. Mosaic’s operations will be based in Tampa and serve new build-to-rent communities throughout Florida, including Orlando and Jacksonville. Pattillo was most recently Director of Florida Land Acquisitions at DR Horton’s multifamily subsidiary, DHI Communities, and previously Managing Director of CBRE’s Tampa Office. Mosaic’s entrance to Florida spans their construction operations to 11 markets across the United States.
Florida represents an extraordinary growth opportunity for Mosaic because of the state’s strong demand for rental housing. Build-to-rent has become well-recognized as a growth sector by developers, capital providers, and municipalities in the state, and they are looking for sophisticated, experienced partners to make the most of BTR’s potential. Mosaic’s focus on BTR construction will bring needed expertise to local developers and a new GC partner for trades looking to enter a growing asset class.
“Mosaic’s process allows us to bring our collective BTR learnings, and what we’re seeing in real-time on current job sites to these new markets, while keeping our construction operations executing at a very high level. Our focus upon entering new markets is to build alignment with local trade partners and project stakeholders, before commencing projects with an experienced and capable team ready to execute,” said Ray Gonzalez, Executive Vice President of Operations. “This approach allows us and our developer partners to scale into new markets, for them, without changing their GC operations every time.”
As Mosaic’s Regional Director of Operations in Tampa, Pattillo will be responsible for regional business development, Trade Partner network management, and oversight of all construction processes for new build-to-rent communities.
“Chase has managed a broad spectrum of real estate development projects and advisory services in Florida, making him the ideal candidate to lead this expansion. His vast experience in advisory, capital markets, build-to-rent development, and land acquisition throughout Florida will catalyze Mosaic’s execution of new build-to-rent communities throughout Florida. Together, we can rise to the challenge of meeting Florida’s significant rental housing needs,” added Gonzalez.
“Mosaic’s expertise, experience with large, institutional projects, and the company’s strong pipeline of projects impressed me right away, as did their reputation for excellence,” said Pattillo. “Mosaic’s process exemplifies a true understanding of how a GC can work best with trades, enabling them to bid, schedule, and build more predictably. This is a great opportunity for area trades adversely impacted by the slow down in the for-sale market looking to enter a rapidly growing asset class. I look forward to leveraging local expertise in Florida to build with a national general contractor.”
Pattillo’s extensive background in multifamily development and commercial real estate includes work as Tampa’s Managing Director at CBRE, a global leader in commercial real estate services and investments, where he oversaw all aspects of the company’s advisory and operations businesses that included brokerage, investment sales, property management, finance, and project management services.
Mosaic plans to hire additional staff in Florida as they grow their regional presence.
Mosaic is a national general-contractor creating Build-to-Rent communities for America’s most innovative developers. The company’s turn-key general-contracting services extend from pre-development through horizontal and vertical construction, to warranty. Mosaic’s digital platform for homebuilding standardizes every step of the company’s services, and has enabled the company to rapidly scale into the nation’s fastest growing markets.
Mosaic’s 150+ construction and technology experts bring operational experience from over 100 communities and 24,000 BTR units. The company has expanded from Arizona to high-growth regional markets in Colorado, Texas, Idaho, California, Nevada and Florida. Learn more about building with Mosaic at www.mosaic.us.