Real Estate News for Investors is reporting that some of America’s biggest SFR landlords are betting on a surge in demand for single-family rentals in our nation’s suburbs. Kathy Fettke says that several big players (including JPMorgan Asset Management and American Homes 4 Rent) recently 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 and help address a lack of existing home inventory. Indeed….
“…a move towards more a spread-out living in the wake of Covid-19…”