Focused Investment Strategy
- We’re focused.
- We know apartments.
- We know our markets.
- It’s why Ashland Greene is efficient and successful.
Our BTR Fund was established to capture this generational shift in how Americans live and invest. We focus on developing and acquiring high-quality, infill BTR communities in high-growth markets where employment, culture, and livability converge. These locations offer enduring rental demand and long-term appreciation potential while remaining underserved by institutional capital.
Our fund story is one of focus, timing, and conviction, investing where demographic trends, lifestyle shifts, and housing economics align to create lasting value for both residents and investors alike.
The Compelling Case
Over the past four decades, multifamily investments have consistently provided returns that exceed those of all other real estate property classes. Additional factors that make investing in apartments such a compelling opportunity:
Stable Cash Flow
BTR properties attract long-term renters seeking modern, professionally managed homes, resulting in steady rental income and reduced volatility.
Strong, Sustained Demand
A national housing shortage—especially in single-family rentals—combined with millennial and Gen Z renters delaying homeownership keeps demand high and vacancies low.
Lower Operational Risk
Professional management leads to higher occupancy, lower turnover, and predictable maintenance costs, minimizing risk compared to self-managed rentals.
Institutional Confidence
Major firms, including Berkshire Hathaway, are investing heavily in BTR, validating the model and reinforcing its strength as a lower-risk asset class.
growing demand emerging markets
The Build-to-Rent (BTR) market continues to redefine the U.S. housing landscape. In 2024, the sector recorded 27% year-over-year growth, with more than $14.8 billion in institutional capital deployed nationwide. As homeownership becomes increasingly out of reach for many Americans, driven by higher mortgage rates, rising insurance costs, and limited housing supply, renters are seeking alternatives that offer the space, privacy, and lifestyle of single-family living without the financial burden of ownership.
BTR fills this gap, combining the comfort of single-family homes with the convenience of professional management, to create a modern rental experience that resonates with today’s evolving renter demographic. For investors, the asset class provides durable income, operational efficiency, and defensive performance across market cycles.
The Dallas Advantage in Build-to-Rent
1. Rapid Population Growth – DFW added ~178k residents between 2023–2024, ranking among the largest numeric population gains in the U.S. — driving sustained housing demand.
2. Strong Employment Engine – DFW nonfarm employment grew ~46.8k year-over-year (May 2025), supporting renter demand from relocation and job creation.
3. Institutional BTR Tailwinds – BTR sector saw accelerated institutional capital deployment and growth nationally — investors are allocating significant capital to BTR as a durable, professionally-managed rental product.
4. Large Local Supply Pipeline (Investor Activity & Deliveries) – Dallas is among the top metros for new multifamily and single-family rental/ BTR deliveries — developers are actively building to capture demand and economies of scale.
