To read this full article you need to be subscribed to Newsline.
Sign in Sign up for a FREE subscriptionRESICAP and Rockpoint Group expand JV strategies
RESICAP, a provider of institutional-caliber, single-family rental services, and real estate private equity firm Rockpoint Group are expanding their single-family rental (SFR) strategy.
“The expansion of our partnership with RESICAP and Resibuilt underscores our belief that single-family rental housing is an attractive core real estate holding for institutional investors, particularly given the strong supply/demand dynamics and favorable secular trends in residential housing today,” explained Jason Chiverton, senior managing director at Rockpoint Group. “We are thrilled to work alongside the RESICAP team to create quality homes in these demand-driven markets.”
In October 2020, RESICAP and Rockpoint formed a joint venture targeting the acquisition of $1 billion of single-family homes, which has acquired or is under contract on more than 2,000 properties to date. Expanding on the success of this partnership, Rockpoint and RESICAP have committed to a series of f