An exciting development in the evolution of the SFR industry has been the emergence of build-to-rent (BTR), whereby entire communities of single-family homes are purpose-built for the rental market, at scale and with the realization of incredible operational efficiencies. High mortgage rates make buying a home less attractive and millennials and empty nesters, in particular, are driving much of the demand for new rental homes due to the flexibility they offer for ever-changing families and lifestyle priorities.
IMN’s Build-to-Rent (West) Forum in San Diego convenes over 800 leading homebuilders, investors, operators and land professionals to discuss the role that purpose-built rental homes can play in addressing the critical shortage in national housing supply and how to get deals done in a challenging economic environment.