There is a lot of capital chasing single-family rentals, especially those that are purpose-built.
But is the market becoming too frothy?
Tom MacManus, president, MONEY360, thinks it might be. "Developers and builders of single-family [rentals] can get top-notch pricing," he said on a panel discussion during GlobeSt. Apartments Spring 2021 virtual conference held last week.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
