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Listen "The State of Build-to-Rent with John Burns Research and Consulting"
Episode Synopsis
In this episode of The BTR Edge, hosts Mark Allen and Lee Robinson sit down with Chris Nebenzahl, Housing Economist at John Burns Research & Consulting, to unpack the state of the Build-to-Rent (BTR) market and how data-driven insights are helping developers, lenders, and investors navigate today’s challenges.
Chris shares how John Burns Research & Consulting is interpreting absorption trends, rent growth, and supply dynamics nationwide—plus why townhomes are emerging as the “sweet spot” in the rental market. From affordability pressures to the “lock-in effect” keeping owners in place, this episode reveals how data can guide smarter BTR decisions through 2025 and beyond.
Learn more about John Burns Research & Consulting at JBREC.com
Key Topics & Timestamps
[02:51] Evolution of Build-to-Rent as a Mature Asset Class
[05:12] The “Lock-In Effect” and Its Impact on Mobility & Rental Demand
[09:47] Balancing Headwinds and Tailwinds in Today’s Housing Market
[12:55] How John Burns Research & Consulting Supports Developers & Capital Partners
[14:45] Developer Concerns: Using Third-Party Data Without “Killing the Deal”
[21:03] It’s a Tough Market: Equity, Debt, and Construction All Squeezed
[23:15] What’s Actually Getting Deals Done in 2025
[24:50] Turnover Surprises: Why BTR Tenants Stay Longer Than Expected
[26:57] Product Performance: Townhomes vs Detached vs Horizontal Apartments
[30:12] Space and Privacy — The True Amenities Driving BTR Success
[33:25] Rising Expenses: Property Taxes, Insurance, and Construction Costs
[39:31] Regional Hotspots: Midwest & Carolinas Leading the Next Wave
This episode is packed with real-world analysis and strategic insight from one of the industry’s top research voices — a must-listen for developers, investors, and BTR operators looking to understand where the market is headed next.
Chris shares how John Burns Research & Consulting is interpreting absorption trends, rent growth, and supply dynamics nationwide—plus why townhomes are emerging as the “sweet spot” in the rental market. From affordability pressures to the “lock-in effect” keeping owners in place, this episode reveals how data can guide smarter BTR decisions through 2025 and beyond.
Learn more about John Burns Research & Consulting at JBREC.com
Key Topics & Timestamps
[02:51] Evolution of Build-to-Rent as a Mature Asset Class
[05:12] The “Lock-In Effect” and Its Impact on Mobility & Rental Demand
[09:47] Balancing Headwinds and Tailwinds in Today’s Housing Market
[12:55] How John Burns Research & Consulting Supports Developers & Capital Partners
[14:45] Developer Concerns: Using Third-Party Data Without “Killing the Deal”
[21:03] It’s a Tough Market: Equity, Debt, and Construction All Squeezed
[23:15] What’s Actually Getting Deals Done in 2025
[24:50] Turnover Surprises: Why BTR Tenants Stay Longer Than Expected
[26:57] Product Performance: Townhomes vs Detached vs Horizontal Apartments
[30:12] Space and Privacy — The True Amenities Driving BTR Success
[33:25] Rising Expenses: Property Taxes, Insurance, and Construction Costs
[39:31] Regional Hotspots: Midwest & Carolinas Leading the Next Wave
This episode is packed with real-world analysis and strategic insight from one of the industry’s top research voices — a must-listen for developers, investors, and BTR operators looking to understand where the market is headed next.
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