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JLL Launches National SFR Team
With single-family rental (SFR) housing, comprising 16 million housing units in the U.S., continuing to drive institutional investor interest, JLL Capital Markets has capitalized on the trend by creating a new team to specialize in this alternative asset class.
Located in Texas, Florida and New York, JLL’s national team includes Matthew Putterman, Chris Shea and Zach Nolan and is overseen by Dallas-based Bill Miller, who co-leads JLL’s National Multi-Housing Group. The group’s direct access to SFR data, pricing, operations and capital flows nationally will provide a specialized approach to this alternative asset class.
“Demand for less-dense environments, more space for work and school, and a desire for the ‘lock-and-leave’ lifestyle support substantial demand for single-family rental homes,” said Houston-based Putterman. “Since the Great Financial Crisis, the adoption of new management and leasing technologies has enabled investors and operators to aggregate substantial portfolios in ways that didn’t previously exist.”
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