Building a Sustainable Real Estate Business Model

The founder, chair, and CEO of Redwood Living, Steve Kimmelman, discusses his unique build-to-rent business model focused on single-story apartments with two bedrooms and attached garages. With a portfolio of 21,000 single-story apartment homes across nine states, Redwood's strategy includes a careful focus on meeting investor needs while offering residents a quality living experience. By cultivating strong relationships with construction lenders and investors, Redwood has been able to navigate through economic downturns, adapting to changes in the market.