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SFRs offer several hedges against headline risk, including home affordability headwinds, NAV upside as a result of inflationary pressure, and short-duration leases which allow rents to reset quickly.
Tangram's Mark Coxon expects the workplace will shift from 40 or 50 hours of work done in the office to 20 to 30 hours at the office and more remote work flexibility.
The opportunistic vehicle is in the process of raising $500 million in capital from investors for the acquisition of independent hotels in major gateway markets.