Minneapolis Tenants Are Taking On Corporate Landlords by Putting Their Rent In Escrow
Tenants of private equity-owned single-family homes in Minneapolis are banding together to get long overdue repairs.
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Tenants of private equity-owned single-family homes in Minneapolis are banding together to get long overdue repairs.
According to Redfin, investors bought 20% of homes that sold in the first quarter. Fast growing states like South Carolina are prime pickings for the firms.
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 in June
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...
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