Another new investor is entering the single-family rental space.
The Great Gulf Group partnered with Westdale Real Estate Investment and Management to develop, build, own and operate build-to-rent single-family housing communities in the Sunbelt.
Initially, The Great Gulf Group and Westdale committed $200 million of equity to the venture and may kick in an additional $200 million.
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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.
