Single-family rentals continue to capture investor interest amid the pandemic

Single-family rental (SFR) housing, comprising 16 million housing units in the United States, continues to drive institutional investor interest, and JLL Capital Markets has created a new team to specialize in this alternative asset class.

JLL’s newly formed national team includes Matthew Putterman, Chris Shea, Zach Nolan and is overseen by Bill Miller, who co-leads JLL’s National Multi-Housing Group. The group believes its direct access to SFR data, pricing, operations and capital flows nationally will better serve clients, drive awareness in all markets and provide a specialized approach to this alternative asset class.

“While JLL has had transaction professionals heavily involved in SFR since the space became increasingly institutionalized coming out of the Global Financial Crisis, the need to create a dedicated practice within the firm has become apparent as more and more investors and developers turn their attention to the asset class,” said Nolan.