Build-to-rent: what it is and why it’s growing in popularity
Build-to-rent properties have become a highly sought-after real estate model for both investors and residents.These developments hold high potential for multifamily companies looking to meet the needs of shifting economic conditions and lifestyle preferences for U.S. residents.This article discusses build-to-rent, why so many are shifting toward this real estate model, and its future so you can decide whether it’s an ideal investment opportunity.What is build-to-rent?Build-to-rent (BTR) housing, or simply “built-to-rent,” operates similarly to apartment buildings under property management companies while offering a single-family living experience.Unlike dispersed individual rentals, build-to-rent homes create communities with diverse housing types, including townhomes, cottages, and detached houses.These homes take many characteristics of single-family rentals and enhance the experience by developing homes inside a professionally managed community. Some of these communities also featur...