'Build to rent' homes becoming more popular than ever
Homes built exclusively for renters are becoming more popular than ever. As more people move to our state, more "build to rent" communities are sprouting up across the nation.
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Homes built exclusively for renters are becoming more popular than ever. As more people move to our state, more "build to rent" communities are sprouting up across the nation.
Phoenix is ground zero for a new multifamily housing product gaining popularity across the nation: build-to-rent (BTR) communities.
The B2R segment is white-hot right now, but what does a mature market for single-family rental communities look like?
There's a new trend afoot: newly built, single-family houses that are for rent only. In the latest twist on the housing market, builders and analysts say the trend, prevalent in the western United States, is moving east, including into Florida. NexMetro Communities, a national home builder based in Arizona, is building a rental residential community in Tampa, and the company is eying Palm Beach County, too. NextMetro builds detached one- and two-bedroom single-family houses, and one-bedroom villas. Meanwhile, plans are afoot to sell the closed Mizner Trail golf course in Boca Raton to an...