The $2.5B plan to lure millennials into new houses

A development team has a $2.5 billion plan to lure millennials — and some Gen Xers — out of amenity-filled apartments and into thousands of new houses across the country. Miami-based Partners Global City Development and Brazil-based Leste investment management firm want to construct 10,000 new houses and townhomes in the build-to-rent space, The Real Deal has learned. The plan is on an aggressive timeline, with the venture aiming to build the houses in 30

source https://therealdeal.com/2019/12/11/the-2-5b-plan-to-lure-millennials-into-new-houses/