SVN | SFR Capital Management forms JV with Marketplace Homes
Build-for-rent (BFR) commercial real estate investment firm SVN | SFR Capital Management has entered into a joint-venture agreement to acquire, own and operate rental homes with Marketplace Homes, a national brokerage and property management company.
The joint venture will operate under the Curbside Residential brand and integrate Marketplace Homes’ end-to-end property management, asset management, leasing, maintenance and resident service solutions with SVN | SFR’s national BFR acquisition and SFR/BFR operating platform with new construction builders and SFR/BFR asset-management support.
“With the residential rental home sector experiencing unprecedented national investor and consumer demand, we believe now is the time to invest in SFR and BFR portfolios,” said Jeff Cline, CEO of SVN | SFR Capital Management. “Marketplace Homes’ depth in marketing, lease-up, maintenance and importantly, resident care, will deliver unmatched daily operations and instill the