Is the Single-Family Rental Market ‘Viable’?

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.

Survival in the SFR Market Requires Unorthodox Acquisition Strategies

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.

Boomer Triggers: Location and Motivation

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.

Altisource acquires RentRange and Investability

Altisource Portfolio Solutions, a provider of mortgage, financial and technology services for the real estate industry, is expanding with a pair of acquisitions. The company announced Tuesday that it is set to acquire RentRange and Investability. Click the headline for more details.

Source: www.housingwire.com

RentRange is a provider of rental home data and information to the financial services and real estate industries, delivering a wide assortment of address and geography-level data, analytics, and rent-based valuation solutions for single and multifamily properties.

OT9 Design shares Trop90, a plan for redeveloping Tropicana Field with a new stadium – Tampa Bay Business Journal

St. Petersburg architect Sean Williams has seized the city’s stalemate with the Tampa Bay Rays as a business opportunity.

Source: www.bizjournals.com

In Williams’ vision, the Rays would stay right where they are — albeit in a new 30,000-seat, glass-roofed MLB stadium that would anchor a mixed-use development on the site that currently houses Tropicana Field. Other components would include space for a “corporate or institutional campus,” a hotel, residential development including workforce housing and retail space.

Reis: Miami Rents Rise 3.5% in 2015 Q3

Rents are up 3.5 percent in Miami from a year ago, which is among the slowest growth of all major metro areas, according to new numbers from Reis.

Source: miamiagentmagazine.com

The rental market in Miami has been red-hot for some time now, but is it finally tapering off? And what would that mean for homeownership? Also, if Miami starts to slow down, will other Florida markets follow?