The private equity firm's acquisition of a majority stake gives the online real estate marketplace “the scale and resources to accelerate our growth and further expand our platform and product offerings,” says Ten-X CEO Tim Morse.
A report on the single-family rental home market released on Monday by Amherst Capital Management LLC indicates that institutional ownership of single-family rental homes surpassed 200,000 units in 2016.
TH Real Estate's Jay Martha says the firm's CASA series of funds combines “multiple value-enhancing investment strategies with income-enhancing, low-cost specialty bond financing.”
Founded by Harvey Rosenblatt in 2015, P3RE now owns a portfolio of approximately two million square feet of commercial office and retail space in and around New Jersey.
Multifamily vacancies are rising, supply is unevenly distributed throughout the country and the pipeline remains robust. A new report from Ten-X Research tackles how well new supply is expected to absorb.