Build to Rent housing is a new asset class that combines the benefits of a single-family home with the perks of a professionally managed community. Much like traditional, gated residential neighborhoods, Build to Rent communities provide residents with standalone detached homes, community amenities, and management services, but without the financial responsibilities of homeownership and HOA’s.
While Build to Rent housing has seen significant growth in the last few years, it has become especially relevant in light of the pandemic. Financial constraints, health concerns, and the increase in remote working continue to drive renters away from large metro areas and into suburban single-family homes. Build to Rent housing is rising to meet the demand for privacy, safety, and comfort as people continue to spend more and more time at home.