The single-family rental and build-to-rent sectors are often grouped together, but there should be clear distinctions between the two. While both address the housing market, their fundamentals and investment implications are different. In an IREI exclusive interview, Drew Flahive, president of Amherst, explains the distinctions between the two strategies, where institutional investors are finding the larger opportunity set, and how supply, location and affordability factor into the outlook. He also discusses the 21st Century ROAD to Housing Act and what the new framework could mean for existing portfolios, future investment and the role institutional capital can continue to play in the U.S. housing market.
The terms single-family rental (SFR) and build-to-rent (BTR) are often used interchangeably. How do you define the two, and what are the most important differences for investors?
There are a lot of similarities between the two, and both play an impor
