Residential real estate developer, owner, and operator Core Spaces is looking to capitalize on the affordability challenges in the US housing market and changes in lifestyle preferences that are driving demand for single family rentals.

And so it has joined with Harrison Street to bring its "progressive design and hospitality-driven approach" in an effort to differentiate its build-to-rent communities in the crowded and growing single-family rental market.

Harrison Street is a leading investment management firm exclusively focused on alternative real assets. The joint venture will invest up to $1.5 billion for the development and acquisition of BTR communities in major growth metropolitan areas across the US.

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