This piece is sponsored by Ernst Capital Group.
Take the best elements of owner-occupied housing, blend them with the perks of renting, and the result explains a fast-growing housing approach finding early success in Sioux Falls.
Build-to-rent housing involves developing professionally managed neighborhoods that mimic the look and feel of owner-occupied housing while being designed for tenants.
“It’s really built like a single-family development, but the full plan and intent from the start is an entire rental community,” said Chris Daugaard, a partner in Ernst Capital Group. “It’s really filling a pretty unique niche in the housing market right now.”…