Mosaic Hires Kyle AuBuchon as Regional Director of Operations to Lead Texas Expansion

2022-07-07 18:15:26 By : Mr. Frank Liang

AuBuchon joins Mosaic from NexMetro Communities where he managed the development and construction of 2,200+ Build-to-Rent Homes, requiring $500M in project costs

DALLAS, July 07, 2022--(BUSINESS WIRE)--Mosaic today announced the hiring of Kyle AuBuchon to manage the company’s expansion from Arizona into Texas. Mosaic, a construction technology platform for the residential development industry, plans to hire additional staff as they grow their regional presence.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220707005112/en/

Kyle AuBuchon joins Mosaic as their Regional Director of Operations in Texas, where he is responsible for the management and oversight of the build-out process for new and existing communities within the Dallas-Fort Worth market. (Photo: Business Wire)

"I’m proud to join Mosaic — as one of the most exciting construction technology startups in the residential development industry, Mosaic plays a leading role in homebuilding technology innovation." said AuBuchon. "I really admire the experienced team they’ve built and their commitment to empowering homebuilders and developers to rapidly scale their business and deliver even higher-quality communities. I’m excited to start this next chapter of my career growing Mosaic’s presence in the Dallas-Fort Worth area."

AuBuchon joins Mosaic as their Regional Director of Operations in Texas, where he is responsible for the management and oversight of the build-out process for new and existing communities within the Dallas-Fort Worth market, including overseeing customer and trade partner relationships; managing horizontal and vertical scheduling for development sites; and leading key performance indicators such as cost, quality, production schedule, and employee and trade partner performance.

Mosaic is the leading tech-enabled general contractor for production-scale residential development projects. The company’s technology and team deliver value throughout the entire construction process, from pre-development through construction and into warranty. Mosaic has one of the most experienced in-house BTR teams in the country, which has collectively managed development of 16,000+ build-to-rent units in 68 communities nationally.

AuBuchon grew his expertise as Development Manager for NexMetro Communities, a leading single-family BTR developer in Arizona, Colorado, Florida and Texas, that owns and operates the national Avilla brand of communities. Prior to NexMetro, AuBuchon worked as a Lead Builder for Houston-based David Weekley Homes, one of the largest privately held homebuilders in America. He is a graduate of Texas A&M University - Mays Business School.

"Kyle’s in-depth BTR development and construction experience will set him up for success as he leads our Texas expansion," said Ron Gonski, VP of Growth at Mosaic. "He has a proven ability to identify and solve the upstream challenges of residential construction, then bring high-value communities to life. We’re proud to have him join our team during this pivotal growth phase."

Mosaic’s research shows that BTR communities experience lease rates up to five times faster than Class A multi-family apartment projects in the urban core in cities such as Phoenix, where they recently hired BTR expert Rod Horn as Regional Director of Operations. Horn was an early leader in the emerging build-to-rent space, project managing some of the first BTR communities for Christopher Todd Communities as part of Hancock Builders.

Last year, more than 6,700 new build-to-rent homes were constructed, according to YardiMatrix data. In 2022, developers are expected to bring more than 16,000 units to market for lease-up. The largest builder of these projects, NexMetro Communities, has delivered over 5,000 rental units across the country through Q3 2020, with many more in the pipeline.

Mosaic recently closed on their Series B funding, backed by venture capital firms such as Andreessen Horowitz, Peak State Ventures, Building Ventures, Founders Fund, Greylock Partners, Innovation Endeavors, Thrive Capital, and 8VC. Mosaic plans to expand to Colorado, Southern California, and additional markets later this year.

Mosaic builds technology solutions to make residential construction more scalable. The company operates as a digital general contractor to provide construction and related services to homebuilders and residential developers, allowing them to offload their construction processes and related needs to Mosaic’s integrated platform and team. Mosaic’s platform standardizes the construction process, and not the homes, allowing them to deliver places people love and create better communities.

Learn more about how Mosaic is building better at https://mosaic.us/ and follow @mosaicbuilders on Twitter, LinkedIn, Facebook, and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220707005112/en/

The Dow Jones rallied after the latest Fed Minutes were released. Tesla stock fell even as a rival EV play soared. Apple stock popped.

In this article, we talk about the 10 oil and gas stocks to buy according to billionaire Steve Cohen. If you wish to skip our detailed analysis of the energy sector and Cohen’s hedge fund history, go directly to 5 Oil and Gas Stocks to Buy According to Billionaire Steve Cohen. Because of the Russian […]

In this article, we discuss 10 stocks that Cathie Wood and Steve Cohen love. If you want to see more favorite stocks of the prominent hedge fund managers, click Cathie Wood and Steve Cohen Love These 5 Stocks. Cathie Wood, the chief of ARK Investment Management, and Steve Cohen of Point72 Asset Management are perhaps […]

Shares of Tesla (NASDAQ: TSLA) were gaining ground today, on seemingly no company-specific news. Instead, investors may be pushing the electric vehicle (EV) stock higher on positive comments about the EV industry from Volkswagen's CEO. Additionally, investors had a generally optimistic view of stocks today following the release of the Federal Reserve's minutes from its latest meeting.

Yahoo Finance Live's Jared Blikre breaks down the chart of the day.

Tesla (NASDAQ: TSLA) and Rivian Automotive (NASDAQ: RIVN) are two completely different investments right now. Tesla just announced that second-quarter deliveries dropped sequentially for the first time. The news comes just as Tesla is ramping up production at two new plants.

Yahoo Finance Live's Jared Blikre looks at GameStop's stock ahead of its four-for-one stock split on July 22nd. 

Yahoo Finance Live anchors break down how retail stocks are trading.

The trader who was shorting Financial Select Sector SPDR Fund today, against his bank of America and Goldman Sachs longs, is also giving up on the group. The hopelessness expressed by the panelists should not be surprising considering that the month of June was the KBW Nasdaq Bank Index's second worst June on record (-13.3%), as well as its ninth worst month all time. At the core of my optimism regarding financial stocks is my expectation of a mild and brief recession.

Berkshire Hathaway's quarterly 13F filing won't tell you about the Oracle of Omaha's $6.3 billion hidden portfolio.

Yahoo Finance Live anchors discuss reports of an acquisition deal between Merck and Seagen.

Shares of several crypto stocks are rising this week as the price of the world's largest cryptocurrency, Bitcoin (CRYPTO: BTC), has bounced more than 7.5% since Sunday. For the week, shares of the large crypto exchange Coinbase (NASDAQ: COIN) traded more than 7% higher as of 10:53 a.m. ET today. Shares of the crypto bank Silvergate Capital (NYSE: SI) traded nearly 17% higher, and shares of the business intelligence and Bitcoin buyer MicroStrategy Incorporated (NASDAQ: MSTR) were up more than 21%.

Ark Innovation has sunk 52% year to date, as Wood's tech companies have slumped--and it's down 71% from its 2021 peak.

Anyone positioning their portfolio for a recession could be making a big mistake.

Bed Bath & Beyond's interim CEO is betting big — with her own money — that she can save the struggling retailer from going out of business.

George Noble, Managing Partner and Chief Investment Officer of Noble Capital Advisors, is a must-follow on Twitter. Aside from sharing his views and opinions, the star stock-picker is unafraid when it comes to controversy and confrontation. A recent example is a tweet he shared on June 21 2022, where he laid into investment celebrity Jim Cramer. In his tweet, Noble cites the Belkin Report and shares an excerpt referencing the bullish consensus on energy stocks stating, "In our humble opinion, th

The big shareholder groups in SoFi Technologies, Inc. ( NASDAQ:SOFI ) have power over the company. Insiders often own a...

Hormel, Exxon Mobil, and Johnson & Johnson are among the longtime dividend growers that meet the criteria Barron's set to determine recession-resilient stocks.

Yahoo Finance Live's Jared Blikre breaks down how meme stocks are moving in intraday trading.

Investors have shunned growth stocks in 2022, creating bargains for long-term investors willing to weather the near-term volatility.