builder Lennar is proving that single family detached subdivisions can be successfully built and operated as rental communities. Their Frontera at Pioneer Meadows neighborhood in Sparks, Nevada (near Reno) is one of only a few such examples around the country.
Source: www.meyersresearchllc.com
Home builder Lennar is proving that single family detached subdivisions can be successfully built and operated as rental communities. Their Frontera at Pioneer Meadows neighborhood in Sparks, Nevada (near Reno) is one of only a few such examples around the country. As the model proves more successful, it is expected that more home builders and SFR Rental REIT’s will be carefully evaluating this opportunity in the near future.