A Unique Partnership in Single-Family Rentals

Ganguly: “The reason we initiated this partnership is to provide seamless access to multifamily units that will be vetted with the same analytics and on-the-ground due diligence as our SFRs.”

IRVINE, CA—Many single-family-rental investors start with single-family units and then graduate up to larger multifamily units in the sub-$10-million range, HomeUnion’s CEO Don Ganguly tells GlobeSt.com. As we recently reported, the online real estate investment-management firm, has formed a partnership with Sperry Van Ness/First Guardian Group. Many of the firm’s clients utilize 1031-exchange transactions, which enable investors to defer capital gains taxes by reinvesting in income-producing real estate investments. Ganguly says the purpose of this partnership is to expose First Guardian investors to the SFR investments listed on HomeUnion.com. We spoke exclusively with Ganguly about such partnerships and what they can offer for both parties.

GlobeSt.com: Are partnerships like the one between your firm and Sperry Van Ness/First Guardian Group becoming more common?