This Company Now Owns Enough Single-Family Homes To House The Entire Country Of Iceland
Institutional ownership of single-family homes has been a controversial topic over the past year. Investors purchased a record-high number of rental properties while many would-be homeowners were priced out of the market. The largest owner of this asset class in the U.S. is Invitation Homes Inc. (NYSE: INVH ), a real estate investment trust (REIT) with a portfolio of about 83,000 single-family rental homes as of the end of the first quarter this year. The company’s portfolio is mainly made up of homes in the Western U.S. and sunbelt states, where the barriers to homeownership are highest and rent demand is … Full story available on Benzinga.com
This Company Now Owns Enough Single-Family Homes To House The Entire Country Of Iceland
Institutional ownership of single-family homes has been a controversial topic over the past year. Investors purchased a record-high number of rental properties while many would-be homeowners were priced out of the market. The largest owner of this asset class in the U.S. is Invitation Homes Inc. (NYSE: INVH ), a real estate investment trust (REIT) with a portfolio of about 83,000 single-family rental homes as of the end of the first quarter this year. The company’s portfolio is mainly made up of homes in the Western U.S. and sunbelt states, where the barriers to homeownership are highest and rent demand is … Full story available on Benzinga.com