Walker & Dunlop's Built-For-Rent Report Highlights Accelerated Growth

WD
October 02, 2025

Walker & Dunlop, Inc. released its 2025 Built-For-Rent (BFR) report on June 11, 2025, offering comprehensive market trends and analysis on the rapid expansion of this housing sector. The report identifies BFR as a fast-growing and highly strategic segment within multifamily real estate.

Walker Harris, senior vice president and co-head of Multifamily at Walker & Dunlop, stated that BFR is fueled by evolving renter preferences, constrained for-sale inventory, and widening affordability challenges in homeownership. BFR offers renters purpose-built single-family homes with the flexibility of renting.

For owners and investors, BFR provides institutional-grade stability by combining single-family home appeal with multifamily management, leading to stable cash flow and high occupancy rates around 96%. Walker & Dunlop has facilitated over $3.4 billion in BFR financing and investment sales, and was the #1 Fannie Mae DUS® lender in 2024.

Keaton Merrell, managing director of Capital Markets, emphasized that Walker & Dunlop provides comprehensive capital solutions tailored to every stage of the BFR lifecycle. The firm offers access to scalable, attractive financing alongside a broad range of debt and equity options, leveraging deep market expertise and an expansive network.

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