Clubhouse at The Bungalows at San Tan Village, a Cavan Companies community
Our story

Fifty years of development.

Founded in Scottsdale in 1974. More than 100 office, retail and residential projects across five states, and the experience behind The Bungalows™ today.

From office towers to Build-to-Rent.

Cavan spent its first four decades in real estate development, building office, retail and residential projects in Arizona, New Mexico, Colorado, California and Nebraska. In 2016 the company turned that experience in land, entitlements, financing and construction to a single product: purpose-built rental communities under The Bungalows brand.

Clubhouse and central lawn at a Bungalows community by Cavan Companies

Milestones.

1974

Dave Cavan founds Cavan Companies in Scottsdale, Arizona.

1983–1987

Cavan develops office towers and commercial projects in Phoenix, Albuquerque and Southern California, including 500 Marquette in Albuquerque and One Pacific Tower in Huntington Beach. See our legacy projects.

1992–1997

Residential communities in North Scottsdale and North Phoenix, followed by the Executive Office Center at Scottsdale Airpark.

2016

Cavan shifts its focus to Build-to-Rent and The Bungalows.

2019

The Bungalows on Olive, Peoria. The first Bungalows community taken from land to a completed sale.

2025

Norm Miller is named Chief Executive Officer. Dave Cavan is named CEO of the Year by IMN.

2026

The Bungalows on Camelback sells for $112.5 million, the largest single-asset Build-to-Rent sale in Phoenix metro history. Cavan adds a third Omaha community and announces its expansion into Kansas City.