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Invitation Homes’ year-end results may signal what’s ahead for the rental home market
The residential real estate market’s post-pandemic glow is ebbing. Beyond last year’s tough interest rate environment, suppressed home sales and shrunken multifamily construction, the rapid-fire demand for build-to-rent and single-family rental homes, popular among consumers and investors in recent years, appears to be ticking down. John Olsen, chief financial officer of Dallas-based Invitation Homes, one of the nation’s largest rental home companies, sees it as a return to a more normal rent-growth environment. “We are looking at the pre-pandemic experience as sort of our model for how we think the curve is going to develop over time,” Olsen said during the company’s year-end results call this week with analysts and…
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Real Estate Fund Quietly Purchases Entire Community Of 233 Single-Family Rental Homes In Panama City, Florida
Real estate investment platform Fundrise recently acquired Sunset Village, a community of 233 detached, single-family rental homes in Panama City, Florida. The purchase was made by a joint venture between two Fundrise-sponsored funds: the Flagship Real Estate Fund, which was backed by Goldman Sachs Group Inc. (NYSE: GS) last year with a $300 million credit facility, and the Growth eREIT VII. The joint venture acquired the community for approximately $110.2 million from a developer who completed construction of the homes in February 2022. According to Fundrise, approximately 52% of the homes were occupied at the time of acquisition. The community consists of three-, four- and five-bedroom homes. A portfolio update…
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Vacation Rental Interior Design Changes That Make a Big Difference
Whether you own a B&B or a villa, your holiday rental interior design has a considerably greater influence on reservations than you may imagine (and if you’re already aware of this, congratulations!). “One area where hotels, particularly boutique hotels, continue to have an advantage over vacation rentals is design,” explained industry leaders, Lodgable. After all, hotels may hire specialists to curate and arrange their rooms and public spaces meticulously for optimum comfort and beauty. Fortunately, we can alter it. A few easy rental interior design adjustments may significantly improve the look and feel of your home while retaining the individuality and local inspiration that make holiday rentals unique. Designing Interiors…
