Why Build for Rent Now?
The single-family rental business has evolved from homes purchased at foreclosure auctions to an institutional-quality asset class.
Plus, limited supply of single-family homes relative to household formations, low interest rates and a growing millennial renter class 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