05/06/2022
Another reason why it is so hard for residential home buyers to get into an affordable home.
https://www.yahoo.com/finance/news/goldman-sachs-backed-rental-fund-140348599.html
“Several institutional and individual investors are betting on continued demand for rentals. Invitation Homes Inc. (NYSE: INVH), the largest owner of single-family residential properties in the U.S. with a portfolio of more than 80,000 homes, acquired 822 homes in the first quarter of 2022. American Homes 4 Rent (NYSE: AMH) expects to build between 2,100 and 2,400 new single-family rental properties in 2022, adding to its portfolio of more than 57,000 rental properties.”
A joint venture between two Fundrise-sponsored funds has acquired a community of 87 detached, single-family rental homes in Palm Bay, Florida. The rental community, known as Cypress Bay, was developed by D R Horton Inc (NYSE: DHI) and completed in February of this year. The community of homes was pu...