Build to Rent : A How-To Guide for the Institutional Investor

Kriegel, Charlie

Forbes Books（2025/03発売）

Forbes Books（2025/03発売）

• 製本 Hardcover:ハードカバー版／ページ数 216 p.
• 言語 ENG
• 商品コード 9798887501239

Full Description

Build-to-rent (BTR) is a new kind of rental community. These are communities designed for people who prefer to rent housing but want a place that feels more like home. They take the best aspects of single-family rentals and upgrade the experience by developing all homes inside a professionally managed community.

With the average sales price for a home across the US at $350,000, a mortgage is out of the reach of most people. BTR developments, which resemble traditional, gated neighborhoods, are currently one of the best options for affordable housing. These communities are ideal for families, young professionals, and empty nesters, people who want to live near good schools and shopping, want to have pets and a backyard for entertaining, and want neighbors they care about — they want it all at a price they can afford. That's what BTR gives them.

The American dream of homeownership is evolving and c u rrent conditions make this the first time in US history that it's cheaper to rent than it is to purchase; already, more than 30 percent of single-family homes are owned by investors. Yet there is a lot of misunderstanding and rhetoric about the BTR model, making it difficult to get to the truth. BTR is a significant trend that is reshaping the real estate industry, so it's important for builders, investors, brokers, developers, realtors, and anyone interested in real estate investing to know about.

In Build-to-Rent: The How-to Guide for the Institutional Investor, Charles Kriegel provides insights into this new type of housing and investment. As someone integrally involved in the development of BTRs in Texas, Char les shares insider information on how BTR works, identifying a valid BTR site, the feasibility period, entitlements, funding, horizontal and vertical construction, expected returns and absorption rates, stabilization, and exit strategies to help readers see that it's a viable affordable housing option for today — and tomorrow.

Contents

Introduction

Part I: On the (Literal) Ground Floor
Chapter 1: This Is How 40 Percent of Us Will Live
Chapter 2: How It Works
Chapter 3: First Steps to Identify a Valid Build-to-Rent Site
Chapter 4: A Typical Feasibility Period for a Build-to-Rent Contract
Chapter 5: Debt & Equity Requirements for Funding
Chapter 6: Entitlements
Chapter 7: Horizontal and Vertical Construction
Chapter 8: Expected Returns and Absorption Rates

Part II: ​Looking around the Corner(stone)
Chapter 9: Stabilization of the Build-to-Rent Community
Chapter 10: Exit Strategies for BTR Communities
Chapter 11: Ask Charles (FAQs)

Conclusion