News Formal

Build-to-rent housing gaining market share in North Texas - Dallas Business Journal

  • 📰 DallasBizNews
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Roughly 5,000 single-family rental homes will be built in North Texas this year. Here’s what the homes and the masterplanned rental communities they’re located in look like, and why they’re gaining popularity, according to an architect who designs them.

Newly built rental homes make up about 9% of all new residential construction in Dallas-Fort Worth, and the product type is a rapidly growing segment of the market here and nationwide, especially across the Sunbelt.

The ability to work from home has become equally as important in these communities. To accommodate this shift, DBA designers include a home office in the floor plans for the units, and work pods in the clubhouses.about market and design trends in the build-to-rent space.People, especially young people, can't own a house because interest rates are so high and cap rates are so high. Most of these are young, just-married couples or young singles.

With interest rates so high compared to recent history, is that shifting more demand to single-family rentals?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 525. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New projects in North Texas for October 14, 2022 - Dallas Business JournalHere’s a look at the latest new projects registered in North Texas with the Texas Department of Licensing and Regulation, a list of new construction, renovations and alterations in Dallas, Fort Worth and beyond. All projects listed are public records.
Source: DallasBizNews - 🏆 525. / 51 Read more »

Here are the 50 fastest-growing middle-market companies in DFW - Dallas Business JournalThe rankings are in for this year's Middle Market 50. See which companies took the top spots as some of the region's fastest-growing midsize companies.
Source: DallasBizNews - 🏆 525. / 51 Read more »

Southwest hopes to lure businesses with new referral program - Dallas Business JournalSouthwest is offering 25,000 Rapid Rewards points each for up to five business referrals as it looks to take advantage of a recovery in demand.
Source: DallasBizNews - 🏆 525. / 51 Read more »

Briggs Freeman lists six new luxury homes for sale in DFW - Dallas Business JournalThe homes range in price from $4.8M to $11.9M. Multiple homes are featured in gated communities.
Source: DallasBizNews - 🏆 525. / 51 Read more »