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More people are put off by the costs of buying and see rentals as a long-term plan.
The demand side of the housing equation is changing.
Often perceived as a solution for startups, they can aid real estate and workplace strategy.
Pretium already has experience in SFR, affordable housing, and build-to-rent.
However, there was a decline in average lease size.
Rising occupancy and limited construction mean growing NOI, but headwinds exist.
Habitat for Humanity is still presumably authorized.
The industry wants to preserve carried interest and the deductibility of property taxes.
Demand remains high ‘due to stability and ease of management.’
It’s the first general decrease in five months.