Over the past few years, institutional firms have spent billions acquiring and developing single-family rental homes. It’s no big secret why: Just this past summer, single-family rents nationwide were spiking at rates not seen in 16 years.
On this week’s episode of Deconstruct, reporter and lead podcaster Isabella Farr speaks to Ed Coulson, a professor at UC Irvine’s Center for Real Estate, and Josh Migdal, a real estate attorney in Miami, to discuss the allure of the single-family rental. Firms like Blackstone, Invesco and JPMorgan have been pouring millions into the asset class, but with big bets come big challenges. We’ll get into that and more in this week’s episode.
In our next installment of Deconstruct, Compass broker Aaron Kirman will walk us through a $65 million LA listing. Check out photos here and circle back same time next week for a guided tour.
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