Anyone thinking that interest in the build-for-rent (BFR) or single-family-rental (SFR) markets were declining needed only to see the huge, overflow crowd for a session on the topic at the ULI Spring Conference on Wednesday in San Diego.

Dori Nolan, SVP, client services, Berkadia and Jeff Coles, VP client services, Berkadia led the standing-room-only audience through a demographic and performance summary of the growing sector.

Investor interest has skyrocketed in the SFR/BFR space, especially among institutional investors. There have been $50 billion investor and capital transactions in the space since 2020.

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