Marketplace Homes based in Novi, Mich., is a privately held company with operations in Metro-Detroit. In 2007 and 2008, Marketplace Homes purchased or leased hundreds of homes while generating over $18 million in new construction sales for local and national builders. During its 7-year history, the company has purchased and sold hundreds of homes. Since 2002, Marketplace Homes has been an innovator in creative Real Estate solutions running 2 distinct business models, The Long Term Lease Program and Rent-to-Own. Currently, Marketplace Homes helps to market over 40 communities in the Metro-Detroit market through partnerships with local and national builders using the Marketplace Homes New Construction Long Term Corporate Lease Program.