Build-to-Rent | Onyx+East

Build-to-Rent

Rental Living, Reimagined.

Through our affiliate company Black Opal, Onyx+East offers a full range of development services and builds high-quality, single-family homes for rent.

The build-to-rent model is one of the fastest-growing sectors of the U.S. housing market due to limited housing supply and increasing home prices. Black Opal will acquire, design and build out a thoughtfully designed community to give residents the single-family living experience—without the responsibility of home ownership.

Fully-Integrated Experience

Our team utilizes the extensive acquisition, development and management experience of its principals on the procurement of property—and the subsequent planning and development—bringing continuity from planning through construction.

Site Selection+Evaluation

Financial Analysis

Due Diligence

Neighborhood Master Plan Development

Land Acquisition

Design+Development

Zoning+Approvals

Vendor Management, including Bidding+Contract Negotiation

Land Opportunity Strategy

We develop with a mindset for momentum—targeting sites in fast-growing markets where thoughtfully built rental communities meet real lifestyle needs. Our process prioritizes zoning efficiency, durable materials, and floor plans that enhance livability without inflating costs. The result: well-designed homes that serve modern renters and a strategy that delivers meaningful, lasting impact on the land we develop.

Build-to-Rent Projects

Discover our thoughtfully designed build-to-rent communities, created to offer modern living and a strong sense of home. Each project reflects our commitment to quality construction, lifestyle-focused design, and seamless renter experiences.

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Marea

Indianapolis, IN

Located near bustling Hamilton Town Center, Marea offers contemporary single-family living with the benefits of a maintenance free lifestyle.  Marea includes a clubhouse and pool, and a variety of three and four bedroom floorplans.

Submarket

Noblesville

Product Type

Single Family

Complete

2025

Investment

$46 million

Acres

37

Homes

144

Monterey

Tampa, FL

Exceptionally located near Midtown Tampa at N. Himes and I-275, Monterey includes 24 three-story townhomes. Residents of these contemporary townhomes enjoy walkability to restaurants and a Whole Foods grocery store.

Submarket

Midtown

Product Type

Townhome

Investment

$16 million

Acres

1

Homes

24

Greenery

Columbus, OH

Served by the prestigious Olentangy Local School District, Greenery’s 121 homes are nestled into an old-growth tree lined property.  The community offers walking trails, a playground, and a pavilion to residents, along with easy access to US-23.

Submarket

Lewis Center

Product Type

Single Family Home

Investment

$46 million

Acres

37

Homes

121

Mural Brownsburg

Indianapolis, IN

Westbranch is a mixed-use project that includes retail, single-family estate lots, and 165 rental homes.  The community provides a variety of floorplans, clubhouse, pool, playground, and central green lawn.

Submarket

Brownsburg

Product Type

Single Family Home

Investment

$49 million

Acres

37

Homes

165

May Square

Cincinnati, OH

Just five minutes from Downtown Cincinnati, University of Cincinnati, and the medical campus, May Square provides contemporary three-story townhomes in the historic and vibrant Walnut Hills neighborhood.  Residents of this infill project will enjoy walkability to coffee shops, restaurants, and nearby parks and museums.

Submarket

Walnut Hills

Product Type

Townhome

Investment

$17 million

Acres

2

Homes

44

Mural Lewis Center

Columbus, OH

Marigold is adjacent to the Evans Farm master-planned community, just a short drive to the Olentangy Local Schools campus.  Situated along a serene creek, the community will have two, three, and four bedroom homes with walking trails, fire pit, and playground.

 

Submarket

Orange Township

Product Type

Single Family Home

Investment

$47 million

Acres

31

Homes

120

Haven

Columbus, OH

Strategically located in the Upper Arlington submarket, Haven features new-build single-family homes in an area characterized by older residences and limited new development opportunities. Combined with the area's highly-rated school districts and proximity to major employers, Haven will provide a unique housing solution for current and future residents alike.

Submarket

Upper Arlington

Product Type

Single Family Home

Investment

$12 million

Acres

3.4

Homes

25

Oakley Station

Cincinnati, OH

Oakley Station is a townhome community walkable to many entertainment and lifestyle amenities, shopping, and grocery stores in the highly desirable Oakley neighborhood. Residents of the two, three, and four bedroom homes will enjoy private two car garages and community amenities such as pickleball courts, a dog park, and fire pit.

Submarket

Oakley

Product Type

Townhome

Investment

$51 million

Acres

7.6

Homes

119

Contact us for investment opportunities.

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