A New Class of Multifamily Housing Built for Modern Renters and Savvy Investors

The Bungalows® represent a fast-growing segment within the Build-To-Rent (BTR) market—a new class of multifamily housing that blends the privacy and space of single-family homes with the flexibility and professional management of traditional rentals.

This model responds to powerful demographic and economic shifts:

• Millennials are delaying homeownership but still want spacious, pet-friendly homes.
• Seniors are downsizing and seeking low-maintenance, community-oriented living.
• First-time buyers are increasingly priced out of the market.

In Q2 2024, the average monthly mortgage payment was 52% higher than the average rent. (Source: CBRE)
This affordability gap is fueling surging demand for Build-To-Rent communities.

With private backyards, detached layouts, and resort-style amenities, The Bungalows® meet this demand—while offering a resilient, cash-flowing asset class for investors.