(Disclosure: Rose Law Group represents Empire Group.)
By AZBEX
More than 60 industry professionals attended Wednesday’s BEX Companies Leading Market Series panel discussion on the Build-to-Rent market.
Lance Keller, founder and managing member of Lifestyle Homes, served as moderator. The three-person panel consisted of:
Jim Belfiore, chief strategist at Keystone Homes;
Shelby Duplessis, president of land development at Empire Group, and
Bret Rinehart, residential lot and land advisor at Land Advisors.
Following a brief introduction by BEX Companies Founder and President Rebekah Morris, Keller took the panel into the questions and answers straightaway.
The first question was one that has plagued the industry since Build-to-Rent first started becoming a market factor: How do you define it?
While answers ranged from “horizontal apartments” and a blending of single- and multifamily, Belfiore stated he generally dislikes the term and wants a better one for a market sector that usually consists of luxury living units with densities averaging from 10.5-16 units per acre.
