The single-family rental market was already heating up before the pandemic. Now, it has quickly transformed into one of the top investment asset classes in commercial real estate. With strong demand and institutional capital entering the arena, the single-family rental market is on track to be as prevalent as multifamily. – Read More on this story from GlobeSt.com
Rick Blount shared with his partners, “This quick read article perfectly sums up why we at Blount Development Group grow more excited to be in this space with each new day! Our recent sale of an entitled 339 unit mixed MF site and a November sale pending of our 165 unit rental site will bring land representing over 500 entitled rental units to the market this year. More is in our pipeline to entitle for next year, starting in Q1.”
