MINNEAPOLIS, MINNESOTA (August 3, 2022) – Trevor Koskovich, president – investment sales, provided his insights in The Real Deal on the strong conditions for growth in the build-to-rent (BTR) product type. The story notes that the single-family rental sector (especially its BTR segment) seems ready to expand, even as housing braces for a possibly prolonged downturn.
Reduced housing construction in the Sun Belt markets of Phoenix, Las Vegas, and Nashville for example, have sparked opportunity. The article highlights how owners, thanks to increased operational efficiency, are collecting more on a per-square-foot basis. “With rents keeping pace with home values, even though the latter is leveling off, it’s still one of the best risk-adjusted investments you can make,” said Koskovich.
Other topics covered include:
- Demographics fueling the push into rental housing
- High demand and hungry investors
- Single-family rental/BTR industry trends