One week after SVN | SFR Capital Management launched a commercial real estate investment firm focused on the build-for-rent rental home asset class, the company formed a joint venture with Walton Global Holdings USA to build and operate single-family residential rental home communities nationwide.
In late June, Walton announced that it was entering the build-for-rent (BFR) sector, leveraging its more than 81,000 acres of land throughout the US to create near-term opportunities for single-family home rental developments.
The SVN | SFR Capital Management and Walton partnership expects to begin BFR communities in Colorado and Texas. The developments will be constructed by a homebuilder selected by the venture partners. In addition, it expects to continue pursuing opportunities in key markets across the country.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Unlimited access to GlobeSt and other free ALM publications
- Access to 15 years of GlobeSt archives
- Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
- 1 free article* every 30 days across the ALM subscription network
- Exclusive discounts on ALM events and publications
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
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.
