As developers nationwide struggle to meet the demand for starter homes, some institutional investors are putting on their hardhats and entering the homebuilding market. Companies such as American Homes 4 Rent and Tricon American Homes — which bought properties at distressed prices after the financial crisis to rent out — are now looking to build entry-level homes, according to the Wall Street Journal. By developing the properties themselves, the companies can maintain that business model […]
source https://therealdeal.com/miami/2019/01/03/strong-demand-for-starter-homes-turning-big-investors-into-developers/#new_tab
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