The Public Sector Pension Investment Board has formed a partnership with Pretium that will initially invest $700 million into single-family rentals (SFR) across major markets in the southeastern and southwestern United States.
The venture represents the first partnership between the two firms, in a sector that has presented highly attractive opportunities for large operators with significant existing exposure, such as Pretium, which is currently the second-largest owner and operator of SFR properties in the United States.
