Beacon Ridge Capital Management (BRCM), a real estate investment management and advisory firm specializing in single-family rental (SFR), has closed on a new investment partnership with a prominent global institutional investor.
The partnership will initially recapitalize an existing portfolio of homes owned or controlled by BRCM and will have the capacity to acquire and develop more than $700 million of SFR in high-growth markets across the United States, with an emphasis on tenant satisfaction through best-in-class management and service.
The new investment partnership coincides with BRCM's successful launch of Beacon Ridge Single-Family Rental Income Fund, a perpetual, open-end private fund designed to provide qualified purchasers and offshore investors access to the SFR market sector. During the first six months of operation the fund has acquired or committed to acquire more than $200 million in homes across nine markets. In the wake of the pandemic, the SFR indust
