BTR Daily - January 8, 2026 - Cushman & Wakefield arranges sale of BTR development site

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NEWS ROUNDUP

DISPOSITION: Cushman & Wakefield arranges sale of BTR development site. Cushman & Wakefield has arranged the sale of a 27-acre BTR development site in Auburn, Alabama. The site is planned for 235 units. Cushman & Wakefield’s Philip Martin, Alex Phillips, Andrew Brown, Craig Hey, and Parker Caldwell handled the transaction.

DEVELOPMENT: PCCP and Advenir Azora to develop 200-unit BTR in Florida. A joint venture between PCCP and Advenir Azora will develop LEO at San Marco, a 200-unit BTR community in Venice, Florida. Andrew Barbakoff, Senior Vice President at PCCP, said the project reflects a strong opportunity to deliver quality BFR housing in a high-growth market.

DEVELOPMENT: Sunstone Two Tree and Capital Square break ground on 238 units. A joint venture between Sunstone Two Tree and Capital Square will begin construction next month on a 238-unit BTR community in Buckeye, Arizona. The project will include 88 detached villas with three- and four-bedroom layouts averaging 1,631 SF and 150 townhomes with two- and three-bedroom plans averaging 1,271 SF.

FINANCING: Capital Square fully subscribes BFR offering in Texas. Capital Square announced that its offering CS1031 Texas Active Adult Living I, DST for Woodland Cottages, a 62-unit BTR active adult community in Fredericksburg, Texas, has been fully subscribed. Louis Rogers, founder and co-CEO of Capital Square, said the firm continues to focus on diversified rental housing strategies, citing active adult housing as a fast-growing, undersupplied segment driven by demographic trends. Whitson Huffman, co-CEO and CIO, said the successful capitalization underscores investor appetite for high-quality, purpose-built rental communities.

READ: Top BTR pipelines are consolidating under a small group of operators.

BTR FOR SALE

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141 Units | First Deliveries in Q2 2026

294 Units | 97% Occupancy | Attached Private Garage Parking | Path-of-Growth Location

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