For more than 50 years, Cavan Companies has developed real estate through changing markets. Today, we’re a leading Build-to-Rent developer focused on The Bungalows™, BTR communities of detached rental homes that add new housing where people need it.
The Bungalows are Build-to-Rent neighborhoods, designed and built from the start as rentals.
Residents get the privacy of a house, their own outdoor space and a team to handle maintenance, with the flexibility of renting.
A good community starts long before the first home goes up. Cavan has built master-planned neighborhoods, commercial projects and residential communities, and that experience shapes how we pick sites, manage construction and plan for the long run.
We decide what we can pay for land based on the rents a site can support and the cost to build. Cavan buys the land and completes entitlements before investor capital is used. The senior construction loan typically closes when investor capital comes in, so construction financing is in place when building begins.
One approach to community design, refined over eight completed communities. Rider Levett Bucknall, a global construction consulting firm, provides third-party construction oversight, inspecting each site monthly and reviewing pay applications and change orders.
We work with property management on leasing, operations and the resident experience, then plan the sale. Across past communities, the time from construction start to sale has ranged from 36 to 76 months.
Selected sales from the eight Bungalows communities Cavan has developed, leased and sold, totaling $505.1 million.
The largest single-asset Build-to-Rent sale in Phoenix metro history, according to Yardi Matrix data reported by Multi-Housing News (July 2026).
Sale prices are property transaction values, not investor returns.
We started in Arizona and now build in the Omaha and Kansas City metros. Every site starts with the local numbers: demand, rents, competing supply and the cost to build.
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Millions of families can’t find the home they want. Buying doesn’t fit every budget or plan, and most new rentals are apartments. Every Bungalows community adds new homes, built from the ground up, where they’re needed.
Our view on housing supply, renter demand and the economics of building new homes.
Why low-density rental housing in Midwest markets like Omaha and Kansas City is the next chapter for disciplined capital.
Cavan principals and employees invest in every project, alongside our investors. Our team can answer your questions about current offerings and explain the next steps.
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Offered under Rule 506(c) to verified accredited investors only. Offering made only through confidential offering documents.
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