Arizona in innovative Build-to-Rent solutions, Cavan Companies announced its expansion into the Omaha, Nebraska market with the development of The Bungalows on Honeysuckle and The Bungalows at Whitehawk Lake. Known as an innovative pioneer in Arizona residential Build-to-Rent communities, Cavan Companies has chosen Omaha as its latest destination for development, reflecting the company’s strategic growth and commitment to providing high-quality rental homes to help address the housing shortage and affordability gap.
Having established a strong presence in Arizona with more than 5,000 units, Cavan Companies has become synonymous with quality, comfort, convenience and community living. This expansion into Omaha represents a significant milestone for the company as it seeks to meet the growing demand in emerging markets for housing communities with private backyards that rent like apartments.
“Omaha offers a vibrant community and a growing economy, making it an ideal location for our next build-to-rent project,” said Dave Cavan, CEO of Cavan Companies. “We are excited to bring our unique approach to Build-To-Rent housing to Omaha. Our Bungalows are meeting the serious need for rental homes with a yard, while providing residents with thoughtfully appointed upscale features and a superior living experience.”
The two Omaha projects combined will include 466 single story Bungalow homes, offering a mix of one-, two- and three-bedrooms along with garages also available.
Cavan Companies specializes in creating luxury Build-To-Rent communities branded as “The Bungalows” that combine the privacy and comfort of single-family homes with the convenience and amenities of apartment living. Each development features a range of desirable features including pet-friendly private fenced backyards, upgraded interior finishes, desirable community spaces, and premium amenities, all maintained by professional property management.
The lack of for-sale housing and affordability continues to grow. The traditional “starter home” purchase is becoming out of reach for more people every year. The Bungalows Build-To-Rent Communities provide a unique solution for this growing need. The desirability of Build-To-Rent communities over traditional apartment communities has also considerably changed over the past several years. A single-story rental “Bungalow” is more like a single-family home than an apartment. The Bungalows offer the advantage of no stairs or steps, no shared walls, ten-foot ceilings, large windows, walk in closets, high end interior finishes, desirable full size laundry rooms, pet friendly amenities and private fenced back yards with artificial turf.
