United States: Communities built for rent and planned communities: the optimal solution
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“Build-to-Rent” (“B2R”), that is, building community homes that are to be rented rather than sold, is a new by-product in planned communities. A B2R product is similar to a multi-unit lease The project is that a single owner owns, operates and maintains the homes that are rented to tenants. B2R projects provide tenants with the benefits of a planned community, including access to public amenities and a “neighborhood feel”.
But what differentiates a B2R product from a typical home rental in terms of the planned community?
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