With 16 million housing units in the US and a growing institutional presence, the single-family rental housing segment is a growing force in real estate.

To capitalize on this asset class, JLL has created a new team, led by Bill Miller, who co-leads JLL's National Multi-Housing Group, and includes Matthew Putterman, Chris Shea and Zach Nolan.

JLL says its additional focus on the SFR space is a direct response to increasing the institutional interest in the sector. As people have sought more space during the pandemic, the popularity of single homes has spiked. JLL Research reports that home sales in September increased 10% above August for a seasonally adjusted 6.5 million homes sold.

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Leslie Shaver

Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.