Why Build for Rent Now?
The single-family rental business has evolved from homes purchased at foreclosure auctions to an institutional-quality asset class.
The tailwinds include, but are not limited to, housing affordability, high interest rates, the limited supply of single-family homes, and a growing millennial renter class that are converging as more home builders and investors are considering purpose-built rental communities.
Fund One: Boston Omaha Build For Rent appears to have the potential for more attractive economics relative to traditional scattered single-family rental businesses and more optionality than traditional multi-family developments.
Discount to Retail Prices
Smart Homes & New Construction
Fiber in Communities
Attractive Permanent Financing
Potential REIT Conversion