Rio Rancho, NM – March 26, 2024

JLM Living, a leading build-to-rent developer, today announced the groundbreaking of its newest community, The Eleanor, located in Rio Rancho, NM. The development will bring 126 high-quality rental homes to the area, addressing the growing demand for modern, attainable housing.

The Eleanor will feature 126 single-family-style rental homes, offering residents a unique blend of privacy and community. The community will include amenities such as a community center, fitness center, pool, and walking trails. The first 30 units are expected to be completed within 12 to 15 months, with full project completion anticipated around the 20-month mark.

“I think this is a tremendous use of this space right here in the Cabezon area. It is another quality community that will benefit from all the other development that’s happening across the Unser Gateway and throughout the entire corridor.” – Gregg Hull, Rio Rancho Mayor

JLM Living is partnering with Westway Homes as the general contractor for the project, ensuring local expertise and quality craftsmanship.