Cavan builds the homes America needs.

For more than 50 years, Cavan Companies has developed real estate through changing markets. Today, we’re a leading Build-to-Rent developer focused on The Bungalows™, BTR communities of detached rental homes that add new housing where people need it.

50+Years of real estate development
100+Completed real estate projects
5,500+Build-to-Rent homes, including future phases
25Communities built or under construction
Open floor plan living area at The Bungalows on Florence, built by Build-to-Rent developer Cavan Companies

A home, not a unit.

The Bungalows are Build-to-Rent neighborhoods, designed and built from the start as rentals.

Residents get the privacy of a house, their own outdoor space and a team to handle maintenance, with the flexibility of renting.

  • Detached, single-story homes
  • No shared walls
  • Private fenced yards
  • Open floor plans
  • Professional community management
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Kitchen at The Bungalows on Cotton Lane
Kitchen, The Bungalows on Cotton Lane
Private fenced yard at The Bungalows on Combs in Queen Creek, Arizona
Backyard, The Bungalows on Combs
Single-story detached home at The Bungalows on Sarival
The Bungalows on Sarival

Fifty years of building. One team from land to sale.

A good community starts long before the first home goes up. Cavan has built master-planned neighborhoods, commercial projects and residential communities, and that experience shapes how we pick sites, manage construction and plan for the long run.

Site selection and entitlement

We decide what we can pay for land based on the rents a site can support and the cost to build. Cavan buys the land and completes entitlements before investor capital is used.

Design and construction

One approach to community design, refined over eight completed communities. Rider Levett Bucknall, an independent construction consultant, inspects each site monthly and reviews pay applications and change orders.

Leasing and asset management

We work with property management on leasing, operations and the resident experience, then plan the sale. Our communities have typically taken 32 to 50 months from construction start to sale.

From development to completed sale.

Selected sales from the eight Bungalows communities Cavan has developed, leased and sold, totaling $505.1 million.

View Our Portfolio
Aerial view of The Bungalows on Camelback in Phoenix, Arizona

The Bungalows on Camelback

Phoenix, ArizonaSold 2026$112.5M sale price

The largest single-asset Build-to-Rent sale in Phoenix metro history, according to Yardi Matrix data reported by Multi-Housing News.

The Bungalows at San Tan Village in Gilbert, Arizona

The Bungalows at San Tan Village

Gilbert, ArizonaSold 2025$66.1M sale price

Sale prices are property transaction values, not investor returns.

Our markets.

We started in Arizona and now build in the Omaha and Kansas City metros. Every site starts with the local numbers: demand, rents, competing supply and the cost to build.

Explore the map →
Aerial view of The Bungalows on Cotton Lane next to open land in Litchfield Park, Arizona

New homes. More housing choices.

Millions of families can’t find the home they want. Buying doesn’t fit every budget or plan, and most new rentals are apartments. Every Bungalows community adds new homes, built from the ground up, where they’re needed.

Cavan ResearchThe Durable ThesisWhite paper · May 2026

Cavan Research

Our view on housing supply, renter demand and the economics of building new homes.

Build-to-Rent 2026: The Durable Thesis

Why low-density rental housing in Midwest markets like Omaha and Kansas City is the next chapter for disciplined capital.

Let’s talk about what comes next.

Cavan employees and principals invest in every project, right alongside our investors. Our investor relations team can walk you through current investment opportunities, answer your questions and explain the next steps.

Talk With Our Team

The Bungalows at Prairie Hills

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Omaha, Nebraska

The Bungalows at Maple Woods

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Kansas City, Missouri

Offered under Rule 506(c) to verified accredited investors only.