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Real Estate: Wall Street's Single-Family Home Landlords Bet on Suburban Rental Demand
Episode 908
Published 5 years, 9 months ago
Description
Some of the nation's biggest landlords are betting on a surge in demand for single-family rentals in the suburbs. JPMorgan Asset Management and American Homes 4 Rent announced a joint venture to build 2,500 new single-family rentals in western and southwestern high-growth markets. They say the deal will capitalize on a post-pandemic desire to move away from apartments in crowded cities. It will also help address a lack of existing home inventory. www.NewsForInvestors.com