Q&A: Todd Wood talks securing partnership with Taylor Morrison on hybrid rental homes

 
Christopher Todd Communities on Greenway is the first project to open.
/Provided by Christopher Todd Communities

By Angela Gonzales | Phoenix Business Journal 

(Disclosure: Rose Law Group represents Christopher Todd Communities.)

More homebuilders are looking at ways to get into the market for offering detached single-family homes for rent.

These residences are a hybrid between an apartment unit and a single-family home. They typically are single-story, detached, with a small backyard patio and include amenities such as a community pool and fitness center.

The rentals range from 700 square feet to 1,000 square feet with monthly rental rates typically ranging from $1,150 for a single bedroom up to $1,500 for two-bedroom homes.

Scottsdale-based Taylor Morrison Home Corp. (NYE: TMHC) has found its way into the market through an exclusive strategic partnership with Mesa-based Christopher Todd Communities.

READ ON:

Share this!

Additional Articles

Top master-planned communities for 2024

By AZ Big Media Here are the Top 10 master-planned communities in Arizona, based on public voting for the 2024 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.