With monster-sized wagers, investors are thronging into the newly built single-family-rental market, confident in a market tilting in their favor is high. Still, what about all that entitlement risk?
Clashing land valuation models -- IRR vs. gross and net yield REIT valuations -- have upped the antes, raised the risks, and elevated the stakes in the residential land acquisition landscape.
Building Tech & Products 07.15.21
Impresa Modular CEO Ken Semler envisions 12 to 15 modular units per day rolling off its new Southeastern market facility's production lines at full-capacity.
Will single-family short-term rental empires spring up to meet an unmet consumer housing/hospitality need? Big capital seems to believe it will be so, and targets it as a new asset class.
Market imbalance -- a chronic shortage of housing production -- means households lack leverage to bring prices back to earth.
Institutional investment's push to own single-family rental properties has a sharply different cause, a different effect, and a profoundly different solution than many housing experts detect. Here's Dreamer Scott Cox's view.
In its $6 billion acquisition of HPA, Blackstone adds a "doing-well-by-doing-good" dimension to a shrewd, opportunistic position in the hot single-family-rental market.
Building Tech & Products 07.28.21
Here are key takeaways of the five-year deal for homebuilding's No. 3 builder by volume to produce 7,500 homes for the single-family rental sector's No. 1 player.