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Two build-to-rent deals in the South highlight growing demand for single-family rentals

Market supply could be short by over 76,000 units next year, report says
Texas-based company More Residential has acquired Cottages at New Hampstead, a 327-unit build-to-rent development in Savannah, Georgia, that was built in 2024. (CoStar)
Texas-based company More Residential has acquired Cottages at New Hampstead, a 327-unit build-to-rent development in Savannah, Georgia, that was built in 2024. (CoStar)
CoStar News
December 23, 2024 | 10:00 P.M.

A pair of build-to-rent operators have announced deals for projects in Georgia and North Carolina as demand in the sector is expected to outpace supply over the next several years.

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