It is a commercial residential sector that has grown in popularity in recent years, with its focus on recurring revenue and housing diversity. But it is not a simple swap for greenfield developers looking to capture the upside of land lease communities. 

Targeted at an older demographic, the model hinges on downsizers and rightsizers buying the house, while they lease the land. Buyers demand strong amenity and a more affordable entry point. 

We take a look at the developers and land lease operators who are making waves in 2025.