Magnolia/Principal will seek to acquire 1,000+ SFR homes per year; Beacon to recapitalize its portfolio.

The developer is unwrapping the scaffolding and outside cover of the 16-story creative office building.

However, crime and weak job growth could limit the upside, according to BTIG.

But bad news on that end may be good news for SFR, BTR, and multifamily investors.