Middleburg Communities has launched The Hamlet to satisfy the growing demand for single-family rental properties in high-growth Southeastern markets, including Charlotte and Raleigh, North Carolina; Charleston, South Carolina; Jacksonville, Florida; Nashville, Tennessee; and Richmond, Virginia.
A fully integrated multifamily development, investment, construction, and management company in the Southeast and Mid-Atlantic, the firm’s research has made a case for the single-family build-to-rent model.
“Industry research as well as our internal proprietary studies make a compelling case for single-family rentals, with strong and unmet demand due to a lack of product,” notes Patrick Lynch, vice president for research. “Our communities will tap proven design models with backyards and privacy that provide the consumer with the best of the single-family rental product with apartment-like amenities and a maintenance-free lifestyle.”
Read More