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As rates skyrocket, 'Wall Street' single family rental investors see opportunity

The healthy volume of SFR offerings over the first half of 2022 is being fueled by a strong SFR market resulting from fast-rising interest rates and tight housing supply. Those dynamics are making it much harder for many to purchase homes, helping to expand demand for rental properties, triggering fast-rising rents. Two new single-family rental (SFR) securitization deals sponsored by large institutional players — often described as “Wall Street” investors — hit the private label market ...
United States Rick Sharga Las Vegas German American Capital Corp Federal Reserve Morgan Stanley Mortgage Capital Holdings

Crescent Communities and Pretium Announce Second HARMON Build-to-Rent Community Development in Growing Charlotte Market

CHARLOTTE, NC - Crescent Communities and Pretium announced the closing of land for the development of HARMON Five Points, the fourth build-to-rent (BTR) community under development, and second community in Charlotte, as part of their previously announced joint venture and commitment to invest $1 billion in new single-family build-to-rent communities across 14 key strategic growth markets. Construction for HARMON Five Points is expected to commence in June 2022 with first units slated to be...
United States Matt Johnston Tony Chen Atlantic Union Bank Managing Director Single Family Build To Rent

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