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Demand for single-family rental housing is rising, and the sector has emerged as a popular option for those seeking more space and an affordable place to live. During the COVID-19 pandemic, this trend has accelerated as more people flee dense urban cores to the suburbs. It also has led to a new type of starter home and an entirely new institutional investment asset class: build-to-rent (BTR) single-family homes.

Homes that are built specifically to rent is no passing fad. And they provide yet another opportunity for commercial mortgage brokers to complete deals in a sector with willing lenders.