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Walker & Dunlop Launches Dedicated SFR, BFR Market Group
Walker & Dunlop has launched a dedicated team to address the quickly growing single family rental (SFR) and Build-for-Rent (BFR) markets.
While demand has steadily increased over the past several years, migration patterns related to COVID-19 have accelerated the popularity of SFR and BFR properties. An increasing number of investors are therefore expanding their strategy to include the product, and the BFR sub-segment is playing an emerging role in large scale investors’ portfolios. The SFR market is estimated at $3.4 trillion, compared to $3.5 trillion for the multifamily market, according to Walker & Dunlop. Some expect the growth of the asset class to outpace multifamily, office, retail, storage and hospitality growth over the next few years.
Walker & Dunlop’s specialty practice group will be comprised of 13 experts strategically positioned throughout the business to finance and sell SFR and BFR communities across the United States. The national team is led by Cliff Carnes, Senior Vice President, Ted Patch, Chief Production Officer of the company’s Multifamily Finance group and Kris Mikkelsen, Executive Vice President of Investment Sales.
For comments, questions or concerns, please contact David Cohen
- ◦Development
