“In a tight lending market, experience and a proven track record are invaluable assets. Lenders are more cautious, and having a history of successfully navigating real estate investments builds confidence and trust,” said Dave Cavan, Chairman and Owner. “Our ability to demonstrate a solid performance over time, coupled with our deep industry expertise, positioned us to secure the financing needed, even in challenging conditions. It’s our track record that sets us apart and reassures lenders that we will deliver.”

Each community will include a variety of floor plans to cater to young professionals, families, and empty nesters, along with amenities such as:

• Private backyards and spacious living areas
• Dog parks and pet-friendly spaces
• Resort-style pools, fitness centers, and community spaces.
• Professional property management and maintenance service.

Cavan Companies has long been at the forefront of the Build-to-Rent movement, leveraging its experience to create vibrant, low-maintenance luxury communities. With a proven track record of delivering high-quality housing in Arizona, the company is poised to bring a new standard of living to Omaha. “The demand for rental homes continues to increase across the U.S., particularly in markets like Omaha,” Gary Burton, CEO added. “Our Build-to-Rent model aligns with shifting market preferences, as more residents are seeking lifestyle-driven housing options without the long-term commitment of traditional homeownership.”

More About Cavan Companies

Cavan Companies, also a Family Office, has been a leader in the Arizona Commercial Real Estate development space for more than 50 years, with a leadership team responsible for the development of retail, commercial and residential space along with multiple master planned communities. Cavan has focused exclusively on the development of The Bungalows since 2016. Cavan is committed to bringing people and solutions together by delivering exceptional living experiences through innovative design and superior property management. With a proven track record in Arizona and now expanding to Omaha, Cavan Companies continues to redefine rental living by creating opportunities where residents can thrive within their Bungalow Communities.

About ORIX Corporation USA’s Real Estate Capital Group

Established in the U.S. in 1981, ORIX USA has grown organically and through acquisition into the investment and asset management firm we are today. With a specialization in private credit, real estate, and private equity solutions for middle-market focused borrowers and investors, we combine our robust balance sheet with funds from third-party investors, providing a strong alignment of interest. ORIX USA and its subsidiaries — ORIX Advisers, ORIX Capital Partners, Signal Peak Capital Management, Boston Financial, Lument, Real Estate Capital and NXT Capital— have approximately 1300 employees across the U.S. and have $85 billion in assets, which include $26.3 billion of assets under management, $49.1 billion in servicing and administration assets, and approximately $10.0 billion in proprietary assets, as of June 2024. Our parent company, ORIX Corporation, is a publicly owned international financial services company with operations in 30 countries and regions worldwide. ORIX Corporation is listed on the Tokyo Stock Exchange (8591) and New York Stock Exchange (IX). For more information, visit orix.com.