MINNEAPOLIS, MINNESOTA (July 15, 2022) – Trevor Koskovich, president – investment sales, recently shared his insights with Fixr.com in an article analyzing the current growth of build-to-rent (BTR) communities and the reasons behind the increasing demand in 2022. The story notes that an astonishing 106 percent increase in the amount of single-family BTR homes seen in 2022, compared to a 36 percent increase in 2021.
Other topics covered include: Who is driving demand, metro areas with most BTR homes, BTR amenities, and industry predictions.
“We are seeing a massive development pipeline because the product has fared well operationally across the U.S. It [SF BTR homes] has proven to be the more desirable rental option in comparison to traditional multifamily,” said Koskovich. “There was also a tremendous amount of capital raised in the space and developers are deploying that money aggressively. I think there has been a demographic shift and tenants really prefer this type of product.”