In the last few years, built-to-rent has become one of the most desirable property types in commercial real estate, with significant new entry into the market and some $40 billion of capital primed to support new development over the next 18 months. Despite the increased competition, investor fervor has not waned. Rather, industry players remain bullish on the housing niche with a positive outlook for continued growth and rising demand, and they continue to aggressively pursue opportunities.
Redwood Living's Jill Silloway and Toney Morton weighed in on why build-to-rent remains a favored investment play, even amid record activity and competition. The president and CFO, respectively, of the long-time player in the build-to-rent space, explain why the asset class remains attractive, how the market has evolved and the top geographic regions for new development. Press play to hear more in this Thought Leader podcast.
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