Stay-at-home orders tied to the COVI/D-19 pandemic have nottamped down the demand for single-family house rentals, executivesfrom two REITs said in recent first-quarter earningscalls.
Dallas Turner, president and CEO of Invitation Homes,said occupancy climbed to a record-high 97.2% in April as thecompany increased its access to working capital and paused sourcingnew acquisitions to be ready for the pandemic's manyuncertainties.
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Cheryl Miller
Cheryl Miller, based in Sacramento, covers the state legislature and emerging industries, including autonomous vehicles and marijuana. She authors the weekly cannabis newsletter Higher Law. Contact her at [email protected]. On Twitter: @CapitalAccounts
