HOUSTON, TX - The Dinerstein Companies (TDC), a full-service real estate and development company, announced the launch of Inspire Homes, the company’s new brand specializing in developing single-family build-to-rent communities. With this launch, the company announced it has broken ground on its first two developments in Florida and Texas, totaling nearly 400 homes. “We are proud to share that we have entered the build-to-rent space with a new brand and product,” said Brad Dinerstein, Managing Partner of Development and Design at The Dinerstein Companies. “The build-to-rent fundamentals have been phenomenal and single-family build-to-rent has continued to prove itself as a solid niche with real runway and longevity within the rental housing market.” “With increased renter demand, we believe the build-to-rent sector will evolve and remain strong as homeownership continues to be a challenge for more and more people,” said Dinerstein. “As migration from dense, coastal markets to smaller, less expensive metros continues, we look forward to identifying attractive opportunities across the sunbelt while focusing on growth within our core markets like Central Florida, Phoenix MSA, and throughout Texas.” Spanning 18.7 acres and located at 5727 East County Road 462 in Wildwood, FL, approximately 51 miles from Orlando MSA, Inspire Homes’ Wildwood development is a build-to-rent duplex community featuring 192 homes with fenced backyards and detached garage parking. The community offers one-bedroom, two-bedroom and three-bedroom layouts ranging from 685-square-feet to 1,445-square-feet. The 35.29-acre development in Missouri City, TX, is located approximately 20 miles from Downtown Houston at 10050 Highway 6 and includes 186 single-family build-to-rent homes with front yards, oversized fenced backyards and attached two car garages. The community offers three different floor plans, ranging from 1,114-square-foot two-bedroom two-bath homes to three-bedroom two and a half bath homes ranging from 1,362-square-feet to 1,374-square-feet. Each development will be fully fenced and gated with a free-standing clubhouse, fitness center, resort style pool with spa, outdoor kitchen area, dog park, passive outdoor courtyards, a club room for social gatherings or collaborative workspace, and on-site leasing and maintenance. Both projects are scheduled to be completed mid-fall 2024 with initial occupancy beginning in spring 2023. About The Dinerstein Companies: Founded in 1955, Houston-based The Dinerstein Companies (TDC) is a full-service real estate and development company that has developed over 80,000 multi-family apartments and 44,000 student housing beds across the country. TDC currently has over $2.7 billion under development and is one of the leading “green” developers in the country with $3.03 Billion in LEED and Fitwell certified product completed or under construction. For more information on The Dinerstein Companies, please visit: www.dinersteincos.com
675 Bering Drive Houston, TX 77057
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