Event

"Institutional investors are coming out of the woodwork. Everyone is setting up some sort of vehicle to get access to this particular asset type," Americas Nuveen Real Estate's Shawn Lese said.

Developers and designers are rethinking designs at their properties and clubhouses to analyze which amenities will best serve which renters.

"We're assembling our bathrooms, kitchens, HVAC closet, the washer and drying closet off-site," said one developer. "We're still having to pay more, plan, do better at what we do and trying to get ahead."

In 2022, the need for affordable housing and ESG solutions looms large.

"How do you become more efficient and do more with less?" one industry expert asked.

The millennial-driven surge in demand for built-for-rent communities is expected to rise for the next several years.

During an afternoon general session at MBA CREF, panelists estimated a 13% increase from 2021's volume of $900 billion and encouraged the audience to "be nimble" going forward.

Held at the Seminole Hard Rock Hotel & Casino, the two-day event will feature a wide range of discussion panels.