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Can Single-Family Workforce Housing Be Managed Like Apartments?

Listen to our exclusive audio interview with Tawan Davis about how Steinbridge is committing $425 million for the acquisition and refurbishment of single-family and small multifamily residences as rental housing in transitioning neighborhoods in major US cities, starting with Philadelphia.

By Steve Lubetkin | Updated on November 29, 2017

Tawan Davis, CEO, The Steinbridge Group Tawan Davis, CEO, The Steinbridge Group

PHILADELPHIA, PA—Can blocks of single-family homes be managed as if they were a multifamily property? The Steinbridge Group thinks so, and it’s putting money into the launch of just such a project in Philadelphia.

The investment firm says it’s focusing on providing affordable workforce housing for the rental market, and sees a profit opportunity in managing blocks of single-family homes in urban markets using a multifamily management model.

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