"We recently entered an agreement with one of our long-standing third-party relationships to build homes that will be purchased by that third-party in a stand-alone rental community," Lennar President Rick Beckwitt said on the company's earnings call. "This community is in Florida and is the first in what we believe will be an ongoing business strategy and relationship where we build and sell homes in bulk on land owned by third parties with no lease-up risk."
"It's viewed as an ancillary income stream. We see this as more and more renters may prefer to raise a family or live in a single-family home versus an apartment complex or community or building. And so it is part of our Apartment Living group," Toll Brothers CEO Douglas Yearley said on the company's second quarter earnings conference call last month.

Adhiraj Constructions Pvt.Ltd. is a renowned name in the real estate industry. Their main motto of their work is to create something better and offer it at a price which maximum people can afford. Credit-ability, innovative thinking and artistic craftsmanship are their main traits of their success. The company carefully inspects all the steps during construction. They always believe in keeping an eye on the quality to ensure to ensure costumer satisfaction in its every project. Backed by a strong and well-knit professionals,Adhiraj Constructions Pvt.Ltd. aspires to climb new heights of success.
"It's viewed as an ancillary income stream. We see this as more and more renters may prefer to raise a family or live in a single-family home versus an apartment complex or community or building. And so it is part of our Apartment Living group," Toll Brothers CEO Douglas Yearley said on the company's second quarter earnings conference call last month.
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