How Investors’ View of Single-Family Rentals Has Shifted

Blomquist: “The large institutional investors are in optimization mode for their current portfolios and gearing up to build more inventory to rent where it makes sense.”

IRVINE, CA—Most investors still involved in the single-family-rental markets now view it as a good long-term play in an asset class that is early on in its maturity and with much room for innovation, ATTOM Data Solutions’ SVP Daren Blomquist tells GlobeSt.com. According to a recent report from the research firm, more institutional investors are realizing the benefits of owning single-family rentals. While the biggest segment of the SFR market, both in terms of number of properties and number of investors, is still by far the mom-and-pop investor who owns one or two properties, that segment is shrinking. Meanwhile, the SFR market share of investors owning between six and 10 rental homes increased 65% from February to November 2017.

We spoke with Blomquist about this trend and where he sees the single-family-rental market heading.