Capital Square has launched its private equity group, a new corporate division that will focus on single-family, build-for-rent homes and other non-traditional real estate investment opportunities. Industry veterans Jon Trott and Dave Platter have joined Capital Square as managing directors to lead the new division.
“Build-for-rent homes are an increasingly popular choice among renters in the Southeast through Texas, where Capital Square actively invests in multifamily housing,” said Whitson Huffman, co-CEO of Capital Square. “Exceptionally strong demand has made build-for-rent a compelling investment strategy in response to a shortage of quality housing. With in-house development, capital markets, asset management and acquisitions, the build-for-rent space is a natural evolution for Capital Square and is another way to provide innovative and compelling options to a growing number of investors and financial advisors nationwide.”
Build-for-rent homes, comprised