construct (something) by putting parts or material together.
a tenant’s regular payment to a landlord for the use of property or land.
Build-for-Rent housing refers to the segment of the housing market comprised of new single-family homes – typically detached free-standing homes but also townhomes, duplexes, and other single-family home varieties – built expressly for the purpose of renting. Build-for-rent communities offer the amenities and comforts of a single-family home lifestyle with the conveniences and flexibility associated with rental home living.
Why is Build-for-Rent housing a good choice for residents?
Build-for-Rent housing allows residents – including young adults, families with children, military families, and empty-nesters – to enjoy all the perks of a new home at a price point that is often more in keeping with the economic realities and lifestyle priorities of many of today’s housing consumers.
Build-for-Rent housing serves as a driver of economic growth for communities by creating healthy, thriving places that appeal to residents from a rich assortment of diverse backgrounds and experiences. And according to Harvard University’s Joint Center for Housing Studies, single-family rental homes make communities more livable.
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