ResiHome to Manage New Build-to-Rent Community in Panama City
ResiHome has partnered with Southern Waters Capital to operate a new build-to-rent development in Panama City, Florida.
ResiHome, a national property management firm focused on single-family rentals and build-to-rent communities, announced a new partnership with real estate investment company Southern Waters Capital to manage a newly developed build-to-rent community in Panama City, Florida.
The agreement expands ResiHome's operational footprint in the Gulf Coast region, where demand for professionally managed rental housing has grown alongside broader population gains in Florida's Panhandle. Build-to-rent developments, purpose-built as rental communities rather than for individual sale, have emerged as a significant segment of the residential real estate market in recent years.
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Southern Waters Capital, as the investment partner, will rely on ResiHome's platform to handle day-to-day property operations, resident services, and asset management functions for the Panama City community. The arrangement reflects a common structure in the BTR sector, where specialized operators are paired with capital partners to deploy and manage assets efficiently.
The Panama City market has attracted increased investor attention in part due to ongoing population migration to Florida and relatively limited rental housing inventory in smaller Gulf Coast metros. Purpose-built rental communities offer residents amenities and professional management typically associated with multifamily apartment complexes, while providing single-family-style living.
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