Source: www.businessobserverfl.com
Hoffman Commercial Real Estate paid $74.4 million for property on upscale Fifth Avenue in Naples highlighting more investor interest in rapidly growing southwest Florida.
A confluence of factors has created the “perfect storm” for sustained growth in the single-family rental market, according to one expert in the Securities Lab of the Inaugural Five Star Institute Single-Family Rental Summit on Monday, October 12, in Las Vegas.
Source: dsnews.com
Higher mortgage rates, tightening credit standards, rising home prices, an increased number of rental options, ever-increasing student loan debt, and the number of household formations to building permits combined with declines in income growth, distressed sales, personal savings rate, and the overall desire to earn a home are all leading to the perfect storm for sustained growth, according to Chris Crippen, managing director for US Residential Asset Fund
One of the hot topics on Monday at a panel discussion at the Five Star Institute’s Inaugural Single-Family Rental Summit was whether or not the SFR market has the longevity to survive or if it’s going to die out.
Source: dsnews.com
The consensus among the many panelists over the two-hour Property Acquisition Lab of the Single Family Rental Summit is that the SFR market is here to stay despite some naysayers who still don’t believe the market can survive despite so many companies experiencing widespread success in the SFR space. Operations and acquisitions are the most challenging components of the space and while there is no one size fits all solution, the industry has evolved significantly in its short life span to address these issues.
Reid was a panelist in the Property Types and Acquisitions discussion of the Property Acquisition Lab of the inaugural Five Star Institute Single-Family Rental Summit.
Source: dsnews.com
With more and more investors entering the single-family rental space, that means more competition. And more competition means getting creative when it comes to acquiring investment properties. Vertica Partners offers the SFR investor a fully comprehensive acquisition platform throughout Florida.
A Merrill Lynch/Age Wave analysis finds retirees and those nearing it want their “best house ever” and will move for it. BUILDER’s John McManus reports.
Source: www.builderonline.com
39% of pre-retirees want to move to the South Atlantic (includes Florida) region of the country making it the number one region in the United States.