IBJ: Thought Leadership Roundtable
September 27, 2021
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To view more of their conversation, please visit the Indianapolis Business Journal website.
The biggest and most impactful trend that we have seen in our sector is the introduction and rapid growth of Build For Rent housing. Once mainly seen in markets like Phoenix, BFR is now being developed and built in most markets across the country with a big focus for developers being Texas and Florida. We have two products that we are currently building to meet this demand: our Luxe product (3-story townhome with attached garages) and our Villa product (single story, duplex style). We have seen demand for these products to be very healthy with renters looking for single-family style homes with maintenance-free living and professional property management. - Josh Purvis, Managing Partner, Watermark Residential