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Single-story homes at The Bungalows on Sarival
Now raising: Omaha and Kansas City

Invest in what we build next.

Build-to-Rent (BTR) is an alternative real estate asset class: new homes built specifically to rent. Cavan has 25 Bungalows communities completed or under construction, eight already sold. Now we’re inviting you to invest in Build-to-Rent with us and help build the next ones.

View Current Offerings Talk with our team →

Current offerings.

Each offering is tied to a specific community and its own investment entity.

A single-story Bungalows home, shown for reference
The Bungalows on Bowlin (Arizona), shown for reference
Open offering

The Bungalows at Prairie Hills

Location
Papillion, Nebraska (Omaha Metro)
Homes
154 single-story homes
Stage
Horizontal construction under way (site and utility work)

Why this site

  • At Highway 370 and S 114th Street in Papillion, near Shadow Lake Towne Center and Papillion La Vista South High School
  • Close to major employers, including Google, Meta and the region’s industrial base
Download the Investment Overview (PDF)
Bungalows homes, shown for reference
The Bungalows on Cotton Lane (Arizona), shown for reference
Open offering

The Bungalows at Maple Woods

Location
Kansas City Northland, Missouri
Homes
153 single-story homes
Stage
Horizontal construction under way (site and utility work)

Why this site

  • At Highway 152 and NE Barry Road, near schools and established retail
  • Near the Maple Woods Community College campus
Download the Investment Overview (PDF)

What happens next.

Read the overview

Start with the Investment Overview for the community that interests you.

Talk with our team

Our investor relations team answers your questions and sends the full Investment Summary.

Verify accreditation

Offerings are open only to verified accredited investors. We walk you through verification.

Review and invest

Once you are verified, the offering documents are provided through our investor portal.

Why Omaha and Kansas City.

We evaluate each market on the economics of building and leasing new homes: land cost, achievable rents, competing supply and local demand.

Prairie Hills and Maple Woods reflect that approach. Each offers an opportunity to bring The Bungalows to a different local market, supported by project-specific underwriting.

Land priced to the rents

We decide what we can pay for a site based on the rents it can support and the cost to build, not the other way around.

Competing supply, site by site

We look at the new rentals competing for the same residents in each submarket before we commit to a site.

Local demand

Both sites are close to employers, schools and services that support rental demand.

Another choice for renters

Detached, single-story homes with private yards and no shared walls give renters an option between an apartment and buying a house.

Land and entitlement come first.

Cavan acquires the land and completes entitlements before investor capital is used. Investor capital comes in at the start of construction, once the site is approved, the plans are set and the builder is under contract. Construction, financing and lease-up are still ahead, and the offering documents describe those risks.

Our capital in every project.

Cavan employees and principals invest in every project, right alongside our investors.

A defined distribution priority.

Under the offering documents, investors receive a preferred return and a return of capital before Cavan participates in profits, subject to available proceeds.

Independent construction oversight.

Rider Levett Bucknall, a global construction consulting firm, reviews pay applications and change orders and inspects each site monthly.

A plan to sell.

Bungalows communities have typically taken 32 to 50 months from construction start to sale. Investors receive monthly and quarterly updates along the way, plus access to our investor portal.

Built, leased and sold.

Cavan has developed real estate since 1974, from master-planned communities to commercial projects. Since 2019, we’ve taken eight Bungalows communities from raw land to a completed sale.

Prairie Hills and Maple Woods apply that same development experience to new markets.

Clubhouse at The Bungalows on Camelback in Phoenix, Arizona
The Bungalows on Camelback, sold 2026

$505.1M

In completed sales across eight Bungalows communities since 2019, led by The Bungalows on Camelback at $112.5 million in 2026, the largest single-asset Build-to-Rent sale in Phoenix metro history.

Sale prices are property transaction values, not investor returns.

See all eight sales →

Talk with our team.

Tell us a little about yourself, and our investor relations team will reach out to set up a call and send the full Investment Summary.

Prefer to call?(480) 627-7000 Already investing with Cavan?Investor login→

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Cavan Companies’ offerings are made under Rule 506(c) of Regulation D and are available only to verified accredited investors. Nothing on this website is an offer to sell, or a solicitation of an offer to buy, any security. Any offer is made only through the offering documents. Investments involve risk, including possible loss of capital and illiquidity. Past performance does not guarantee future results. Market observations reflect Cavan’s analysis and are not guarantees of future conditions. This site is protected by reCAPTCHA, and the Google Privacy Policy and Terms of Service apply.

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