Strathclyde Fire and Rescue Service

Q3 National Rent Analysis Reveals Double-Digit Increases

Retrieved on: 
Tuesday, October 25, 2022

BOSTON, Oct. 25, 2022 /PRNewswire/ -- Rentometer has released their Q3 2022 rent statistics for three-bedroom (3-BR) houses that are single-family rentals (SFRs). Rentometer collects data for all residential asset classes, but this report is focused on SFRs because they are one of, if not the most, active residential rental asset classes today.

Key Points: 
  • BOSTON, Oct. 25, 2022 /PRNewswire/ -- Rentometer has released their Q3 2022 rent statistics for three-bedroom (3-BR) houses that are single-family rentals (SFRs).
  • Rentometer collects data for all residential asset classes, but this report is focused on SFRs because they are one of, if not the most, active residential rental asset classes today.
  • The Q3 '22 report covers 268 cities that had at least 25 data points for Q3 '21 and Q3 '22.
  • We analyzed both year-over-year and quarter-over-quarter change in average rent prices by city for the third quarter.

KBRA Releases Monthly CMBS Trend Watch

Retrieved on: 
Wednesday, October 5, 2022

KBRA releases the September 2022 issue of CMBS Trend Watch.

Key Points: 
  • KBRA releases the September 2022 issue of CMBS Trend Watch.
  • U.S. CMBS private label came in at $4.3 billion in September, down from $6.2 billion in August.
  • Septembers surveillance activity included rating actions on 872 classes consisting of 764 affirmations, 84 upgrades, 17 downgrades, five Watch Downgrades, and two Watch Upgrades.
  • KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada.

SFR Industry Veteran Fred Tuomi Joins AvantStay's Board

Retrieved on: 
Tuesday, August 16, 2022

LOS ANGELES, Aug. 16, 2022 /PRNewswire/ -- AvantStay, the premier hospitality platform transforming short-term rentals for the way people travel and invest today, announces that Fred Tuomi, former CEO of Invitation Homes Inc. and a preeminent investor, board member, and leader in the real estate industry, has joined its board. Tuomi will work with AvantStay to provide leadership and capital market guidance to help the company bring institutional capital to short-term rentals (STRs) as the next disruptive asset class.

Key Points: 
  • We are proud that Fred has recognized the value of AvantStay's business model, and his appointment to our board signals the strong future of the short-term rental market."
  • Prior to its merger with Invitation Homes, Tuomi served as Chief Executive Officer and Director of Starwood Waypoint Homes.
  • "I firmly believe STRs are the next market for institutional investment andgrowth in the real estatesector," said Tuomi.
  • Mr. Tuomi also serves as an affiliate partner for the private equity firm Lindsay Goldberg as an advisor to Second Avenue, an integrated SFR platform.

Institutional Investment in Single Family Rentals is on the Rise, Reports Yardi Matrix

Retrieved on: 
Monday, August 1, 2022

SANTA BARBARA, Calif., Aug. 1, 2022 /PRNewswire/ -- Institutional investment in rental single family rental (SFR) homes is on the rise and expected to grow dramatically over the next eight years, according to a new bulletin on the sector released today by Yardi® Matrix. However, rising interest rates are forcing investors to reassess the most effective strategies for growing portfolios and may contribute to lower near-term returns.

Key Points: 
  • Recent research by MetLife Investment Management (MIM) estimated that institutions own some 700,000 single-family rentals in 2022, about 5 percent of the 14 million SFRs nationally.
  • Institutional acquisitions of SFRs in communities of 50 or more units soared in 2021 to $2.5 billion, according to Yardi Matrix.
  • Even so, the industry benefits from strong long-term demand drivers and the explosive growth in institutional capital," say Matrix analysts.
  • Get more insight into investment activity, development and rent trends for the SFR/BTR sector in the new Yardi Matrix bulletin.

Q2 National Rent Analysis Reveals Double-Digit Increases

Retrieved on: 
Tuesday, July 26, 2022

BOSTON, July 26, 2022 /PRNewswire/ -- Rentometer has released their Q2 2022 rent statistics for three-bedroom (3-BR) houses that are single-family rentals (SFRs). Rentometer collects data for all residential asset classes, but this report is focused on SFR because they are one of, if not the most, active residential rental asset classes today.

Key Points: 
  • BOSTON, July 26, 2022 /PRNewswire/ -- Rentometer has released their Q2 2022 rent statistics for three-bedroom (3-BR) houses that are single-family rentals (SFRs).
  • Rentometer collects data for all residential asset classes, but this report is focused on SFR because they are one of, if not the most, active residential rental asset classes today.
  • The SFR market has been one of the most active residential rental asset classes over the past year.
  • The Q2 '22 report covers 252 cities and towns that had at least 25 3BR house data points in Q2 '21 and Q2 '22.

New Citi GPS Report Looks at Opportunities to Drive Efficiency in the Housing Market

Retrieved on: 
Wednesday, June 29, 2022

Citi today released a new Citi Global Perspectives & Solutions (Citi GPS) report in its Home of the Future series that takes another look at the housing market.

Key Points: 
  • Citi today released a new Citi Global Perspectives & Solutions (Citi GPS) report in its Home of the Future series that takes another look at the housing market.
  • covers the emergence of PropTech, or fintech for real estate, in the U.S. housing market.
  • Tech advancements in housing finance operations (e.g., mortgage origination, title insurance) are opening up ways to reduce paperwork and drive efficiency.
  • The report serves as a resource for others based on how Citi sees opportunities for advancement in the housing market with the support of tech advancements and investments.

CoreLogic Report: Nearly 33 Million and 7.8 Million U.S. Properties at Risk of Hurricane-force Wind and Storm Surge Damage, Respectively

Retrieved on: 
Wednesday, June 22, 2022

The report also revealed nearly 33 million homes with nearly $10.5 trillion in combined RCV are at risk of hurricane-force wind damages.

Key Points: 
  • The report also revealed nearly 33 million homes with nearly $10.5 trillion in combined RCV are at risk of hurricane-force wind damages.
  • CoreLogic evaluated the storm surge and hurricane wind risk levels for both SFRs and MFRs from Texas to Maine for the 2022 hurricane season.
  • At a state level, Florida, Louisiana and New York have the greatest number of SFR and MFR homes at risk of storm surge damage with more than three million; nearly 911,000; and more than 600,000 homes at risk, respectively.
  • Texas tops the list for hurricane wind risk with more than 8.8 million homes at risk.

Reigo Doubles Securitization to $200 Million in Residential Bridge Loans

Retrieved on: 
Tuesday, March 22, 2022

Reigo Investments , a global financial real estate technology company using data science and artificial intelligence (AI) to reshape the residential real estate debt market, today announced it has closed $100 million securitization of residential bridge loans led by Cantor Fitzgerald.

Key Points: 
  • Reigo Investments , a global financial real estate technology company using data science and artificial intelligence (AI) to reshape the residential real estate debt market, today announced it has closed $100 million securitization of residential bridge loans led by Cantor Fitzgerald.
  • The transaction marks the companys second securitization completed since June 2021- a figure it has now doubled to $200 million.
  • Cantor Fitzgerald is thrilled Reigo was able to upsize their inaugural securitization, said Deirdre Harrington, Senior Managing Director at Cantor Fitzgerald.
  • Reigo partners with private real estate lenders around the United States to purchase and participate in residential real estate investment-purpose loans that the lenders originate.

CAF Capital Partners Begins Expansion Efforts Into the Southeast

Retrieved on: 
Wednesday, February 23, 2022

CAF Capital Partners, a Dallas-based private equity real estate firm specializing in the acquisition of institutional quality multifamily real estate, is pleased to announce expansion efforts into the Southeast.

Key Points: 
  • CAF Capital Partners, a Dallas-based private equity real estate firm specializing in the acquisition of institutional quality multifamily real estate, is pleased to announce expansion efforts into the Southeast.
  • View the full release here: https://www.businesswire.com/news/home/20220223005917/en/
    CAF Capital Partners begins expansion efforts into the Southeast, Stephen Quesinberry appointed director of acquisitions.
  • (Photo: Business Wire)
    Were thrilled to announce our expansion into the Southeast, said CAF CEO Chris Faulkner.
  • CAF Capital Partners is a Dallas-based private equity real estate firm, specializing in the acquisition, redevelopment, repositioning and subsequent sale of institutional quality multifamily real estate.