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SVN | SFR JVs with Walton in Build-for-Rent Sector
SVN | SFR Capital Management, a New York City-based investment firm dedicated to the single-family build-for-rent (BFR) sector, and Phoenix-based Walton Global Holdings USA have formed a joint venture to construct and operate BFR communities nationwide. The partnership anticipates new construction of multiple BFR communities annually over the next several years.
“Partnering with Walton is an exceptional opportunity to leverage and collaborate across our collective land, development, homebuilding, asset management and rental home operating platform to provide residents in the U.S. with quality, affordable housing in beautiful, well located master-planned communities,” said Jeff Cline, CEO of SVN | SFR Capital Management.
The first purpose-built communities are slated to commence development in 2022 in Colorado and Texas. They’ll be constructed by a to-be-determined homebuilder selected by the JV partners for aggregation into a large-scale portfolio of rental home communities.
- ◦Development

