AHV Communities’ CEO Mark Wolf recently said his company would allocate $100 million for the development of single-family home-rental communities in major markets across the Sunbelt states during 2016.
“There is a real opportunity to meet demand for newly constructed homes and drive upside through operational efficiencies achievable with the management of contiguous product situated together as one whole community,” Wolf told GlobeSt.com. “We have found the opportunity with our new developments to provide an increased value proposition to renters while creating a unique, efficient platform managed much like a multifamily community would be.”