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The Build-to-Own mantra of the past 100 years is now slowly giving way to a new animal: The Build-to-Rent (B2R) movement.
As more and more Millennials forego home buying, the market for single-family rentals (SFR) is booming; so much so that a new group of investors are banking on it. That’s according to John Burns Real Estate Consulting.
Leading the B2R charge are NexMetro, AHV Communities, BB Living, Christopher Todd Communities, and Camillo Homes.
One of the more interesting facts they mention, indicates that Millennial renters want to live in the same locations as people who are looking to buy homes. They want convenience to shopping, safe neighborhoods, proximity to job centers, and good schools.
The B2R trend should continue unabated as long as the housing market remains tight.
Read on HERE
Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.
Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.