Tighter regulation and higher risk aversion — both to actual risk and to headline risk — in the world of mainstream lending mean that despite the opportunity available with SFR investors, traditional lenders have by and large not jumped on this opportunity. That leaves these nontraditional national lenders a bigger share of the pie in … Continued
As a testament to the growing popularity of the single-family rental asset class, total issuance for 25 single-family securitizations in two years have amounted to $13.08 billion backed by loans on nearly 100,000 homes, according to an announcement from Morningstar Credit Ratings.
The Tampa metro area continues to hold the top spot in the nation for institutional investor real estate purchases, despite a dramatic drop in such sales over the past couple of years. As foreclosures and short sales have dwindled, so have these cash sales. But before that downturn, investors purchased thousands of homes throughout Florida, … Continued
The American Dream of the single-family homeowner—nuclear family, a mortgage, and maybe a white picket fence—is being turned on its head by two consequences of the Great Recession: lack of demand for home purchases and a glut of unoccupied single-family houses. On the demand side are former homeowners who are unable or unwilling to return … Continued
Beth O’Brien, CEO of Colony American Finance, said the fact that the firm was able to reach this lending milestone in less than two years, shows the demand for acquisition capital and long-term financing among investors in single family homes.
With the costs of labor and materials increasing, investors and contractors are constantly searching for ways to lower the cost of doing business when it comes to renovating or rehabbing their rental properties.
The consensus among the many panelists over the two-hour Property Acquisition Lab is that the SFR market is here to stay despite some naysayers who still don’t believe the market can survive despite so many companies experiencing widespread success in the SFR space.
A confluence of factors has created the “perfect storm” for sustained growth in the single-family rental market, according to one expert in the Securities Lab of the Inaugural Five Star Institute Single-Family Rental Summit on Monday, October 12, in Las Vegas.
One of the key drivers of the booming single-family rental market is the desire for flexibility, and it’s not just millennials that are choosing to rent a home over buying.