Established build-to-rent housing player Rockpoint is adding to its portfolio this week through a joint venture with Walton Global.
The partnership intends to support the growing demand for single-family rental homes across the US with Rockpoint investing up to $300 million in equity in Walton's build-to-rent line.
The partnership is expected to total up to $1 billion in real estate assets. The joint venture is initially focusing on targets within Walton's existing master plans and more than 81,000-acres of land.
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