Wall Street’s voracious appetite for build-to-rent homes is fueling home developments across the country.
BTI Partners CEO Noah Breakstone recently discussed this trend in an article with businessinsider. “We probably receive five to eight calls a week from investors who need to buy land for build-to-rent homes," Breakstone told Insider. "There's a lot of money chasing deals in that area."
In the past decade the number of institutional buyers acquiring single-family homes across the country to rent out at a profit has increased steadily. This creates unwanted competition for homebuyers in what is already one of the hottest residential markets on record. "Build-to-rent investors are essentially competing against homebuyers," Breakstone said. (Link in bio)
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