Coldwell Banker Premier Realty

Institutional Buying of SFR

Update on SFR rental
Posted by John McClelland on December 26, 2012 in  las vegas  REIT  single family rental
We first described the single family rental business as an opportunity back in late 2009, when homes could be acquired at trustee sales with enough velocity to make sense. In our 2011 annual report, we also described how the business could make sense. Since that time, many more buyers have become active in the Las Vegas market, many of which are backed by private equity. Further, these firms are likely to achieve some economies of scale and are taking a mixed approach to the underwriting with a view towards cash fl... read more
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