Build-to-Rent Construction Rates Tripled in 2022 and Hit Record Completions, May 31, 2023–Erik Sherman
The build-to-rent industry has gone to town by constructing their own, according to Yardi’s RentCafe. The completion volume jumped from 9,928 in 2021 to 2022’s 14,500 houses. The company pointed to long-term pandemic effects, including social distancing and work-from-home, as “the wind in the sails of this new trend.” Or wind in the sales.