SVN | SFR Capital Partners with Energy Provider Elevation to Advance ESG

As demand continues to grow for new single-family build-for-rent (BFR) housing communities equipped with amenities including cost-saving home energy technology, SVN | SFR Capital Management recently announced a partnership with home energy solutions provider, Elevation. Historically, energy improvements such as efficiency upgrades and renewable energy have been limited to homeowners.

Elevation’s solutions combine solar, energy efficiency and energy monitoring technology to advance the Environmental, Social and Governance (ESG) goals of reducing energy consumption and costs. SVN | SFR expects to amass a portfolio of 35,000 BFR homes in various self-contained communities across the United States in the next five to seven years, depending on economic conditions and tenant demand. Homes within these communities will be influenced with environmentally responsible ESG benefits including Elevation’s smart energy and solar technology to offer homeowners and landlords energy benefits as well as capital investors the prospect to grow ancillary revenue/additional income.

“Our partnership with Elevation is happening at a critical point in SVN | SFR’s investment allocation process as we develop our portfolio of BFR rental communities,” said Jeff Cline, CEO of SVN | SFR Capital Management. “Prior to breaking ground on communities, Elevation can recommend and develop ways we can ensure the latest and best energy-based solutions are integrated in these homes for ensuring ESG benefits into the future.”