Walker Dunlop Structures co-GP Venture for Build-for-Rent Development Portfolio
The programmatic joint venture between Good West and Dallas -based private equity fund will comprise at least four BFR developments throughout Texas BETHESDA, Md. , July 21, 2022 |PRNewswire| -- Walker Dunlop, Inc. announced today that it structured a programmatic joint venture partnership for Perch, a portfolio of build-for-rent (BFR) housing developments. Walker Dunlop''s team, led by Heather McClure , advised its client, Good West, in identifying a co-general partner that will provide both funds and support as they execute this business plan. Good West currently has a construction pipeline of more than $150,000,000 and plans to complete approximately $400,000,000 worth of Perch developments within the next four years. The Walker Dunlop team identified a Dallas -based private equity fund as the ideal capital partner for Good West. BFRs are purpose-built housing to be operated as single-family rental investments within a contiguous community, much … Full story available on Benzinga.
Walker Dunlop Structures co-GP Venture for Build-for-Rent Development Portfolio
The programmatic joint venture between Good West and Dallas -based private equity fund will comprise at least four BFR developments throughout Texas BETHESDA, Md. , July 21, 2022 |PRNewswire| -- Walker Dunlop, Inc. announced today that it structured a programmatic joint venture partnership for Perch, a portfolio of build-for-rent (BFR) housing developments. Walker Dunlop''s team, led by Heather McClure , advised its client, Good West, in identifying a co-general partner that will provide both funds and support as they execute this business plan. Good West currently has a construction pipeline of more than $150,000,000 and plans to complete approximately $400,000,000 worth of Perch developments within the next four years. The Walker Dunlop team identified a Dallas -based private equity fund as the ideal capital partner for Good West. BFRs are purpose-built housing to be operated as single-family rental investments within a contiguous community, much … Full story available on Benzinga.