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Japanese-Owned Homebuilder Buys Majority Stake in Florida Firm to Enter Build-To-Rent Business

Deal Comes as New Home Sales Across the Country Slowed Through Much of Last Year

A build-to-rent development in Jacksonville, Florida, by Southern Impression Homes, which Gehan Homes now owns a majority stake in. (Southern Impression Homes)
A build-to-rent development in Jacksonville, Florida, by Southern Impression Homes, which Gehan Homes now owns a majority stake in. (Southern Impression Homes)

A Japanese-owned homebuilder has entered the U.S. build-to-rent business through buying a majority stake in a Florida builder.

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