Second Avenue and Sculptor Real Estate, the real estate business of Sculptor Capital Management, a global alternative asset management firm specializing in real estate, credit and multi-strategy investment products, have formed a joint venture equity partnership for the expansion of single-family rental (SFR) acquisitions.
“Sculptor is the fifth multi-billion-dollar fund since early 2022 to partner with Second Avenue to acquire homes, and they join an esteemed group of legacy investors including Monroe Capital, Waterton, BLG Capital Advisors and others,” said Mike Rothman, Second Avenue CEO and founder. “The partnership further demonstrates investor demand for our platform, which is purpose-built for the SFR industry – and clearly signals how much growth potential still remains for investors in the broader SFR space. Second Avenue chose JLL Capital Markets to help us raise capital to continue fueling our growth now and in the future.”
Sculptor will add app
