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.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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