OMAHA, Nebraska., 19 August 2024 /PRNewswire/ — Cavan Companies, Arizona’s leading provider of innovative build-to-rent solutions, is pleased to announce 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 has chosen Cavan Companies Omaha as its latest development destination and reflects the Company’s strategic growth and commitment to providing quality rental housing to address the housing shortage and affordability gap.
The bungalows developed by Cavan Companies are upscale single-family homes with fenced-in backyards that are rented out like apartments. Due to the growing need for housing and the attractive investment fundamentals, investors are interested in the bungalows as an alternative investment to traditional multi-family housing.
Strategic expansion
With 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 growing demand in emerging markets for residential communities with private backyards that are rented 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 CavanCEO of Cavan Companies. “We are excited to bring our unique approach to build-to-rent housing Omaha. Our bungalows meet the great demand for rental apartments with gardens and at the same time offer residents well thought-out, upscale features and a first-class living experience.”
The two Omaha The projects will comprise a total of 466 single-storey bungalows, offering a mix of one-, two- and three-bedroom apartments. Garages are also available.
Home without stress
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 condo living. Each development boasts a number of attractive features including pet-friendly, private fenced backyards, upgraded interior finishes, attractive common areas and premium amenities, all managed by a professional property management company.
The bungalows become the new starter home
The shortage of for-sale and affordable homes continues to grow. Purchasing a traditional “primary residence” is becoming unaffordable for more people each year. The Bungalows Build-To-Rent communities offer a unique solution to this growing need. The appeal of Build-To-Rent communities over traditional apartment communities has also changed significantly in recent years. A single-story rental bungalow is more like a single-family home than an apartment. The Bungalows offer the advantage of having no stairs or steps, no shared walls, ten-foot ceilings, large windows, walk-in closets, high-quality interior finishes, attractive full-size laundry rooms, pet-friendly amenities, and private fenced-in backyards with artificial turf.
About Cavan Companies
Cavan Companies has been a leader in commercial real estate development in Arizona for more than 50 years. The leadership team is responsible for the development of retail, commercial and residential spaces, as well as several planned community developments. Cavan is committed to bringing people and solutions together by delivering exceptional living experiences through innovative design and world-class property management. With a proven track record in Arizona and is now expanding to OmahaCavan Companies continues to redefine rental living by creating vibrant, sustainable communities where residents can thrive in their bungalow communities.
For more information about Cavan Companies and its upcoming Build-To-Rent projects, visit www.CavanCompanies.com or contact Sheri Jones.
Media contact:
Sheri Jones
Director of Business Development
(email protected)
480-747-9417
www.cavancompanies.com
Cavan Companies
“Bringing people and solutions together”
15300 N.90th Street, Suite 200
Scottsdale, Arizona 85260
Never miss a story from Cavan Companies again.
