Broadtree Homes and Broadstone Real Estate CEO Amy Tait are featured in this morning’s edition of the USA Today, in an article entitled “Post recession, single-family home rentals are hot.” The feature also includes an interview with some of our Broadtree residents.
– Private Investment Company has Acquired 155 Homes from Dominion in Last 30 Days–
ROCHESTER, N.Y. – Broadtree Homes (Broadtree), a private real estate investment company managed by Broadstone Real Estate, LLC, has acquired another 28 Single-Family Rental (SFR) homes from The Dominion Group (Dominion) for a total purchase price of approximately $2.4 million. The transaction closed on Friday, July 11th, just seventeen days after Broadtree’s acquisition of 127 Atlanta-area rental homes from Dominion. The purchase will continue to strengthen Broadtree’s presence in the Atlanta, Ga. Market, where it has now invested $12.4 million. Continue reading →
In recent years, the US has seen a significant drop in home ownership. Consequently, there’s been an upward shift in the demand for single family rental homes. With this increase, a new asset class is emerging and investors are playing an essential role in the movement toward consolidated, institutional ownership of single family rentals. This consolidation is just beginning, making it an opportune time to invest in a stabilized portfolio of single family homes. Why is now the time? To help tell the story, we’ve created an infographic illustrating the changing landscape of single family rental (SFR) investing, and how it benefits both investors and renters alike.
Like our infographic about investing in single family rentals? Feel free to share it! Just copy the code below and paste it into a page on your site.
<a href=”https://www.broadstone.com/investing-in-single-family-rentals/?utm_source=infographic&utm_medium=renting_america&utm_campaign=external_post”>Renting America: Investing In The Consolidation Of Single Family Rental Homes</a> from <a href=”https://www.broadstone.com>Broadstone Real Estate</a>
– Consolidation of Single-Family Home Rentals Reflects New Phase in the Industry –
ROCHESTER, N.Y. – Broadtree Homes (Broadtree), a private real estate investment company managed by Broadstone Real Estate, LLC, has acquired 127 single-family rental homes from The Dominion Group for a total purchase price of approximately $10 million. The transaction closed on Tuesday, June 24. Broadtree plans to acquire up to an additional 50 homes under the current contract, bringing the total acquisition price to $14 million. The purchase will strengthen Broadtree’s holdings and establish a meaningful and well-defined portfolio of rented homes in the recovering and robust Atlanta, Ga. market.
The Dominion Group, headquartered in Baltimore, Md., will invest a significant amount of the sale proceeds into shares of Broadtree Homes, and will continue to partner with the company to manage the Atlanta portfolio and provide additional homes for possible future Broadtree acquisition. The deal structure aligns incentives between the local operating platform of Dominion and the institutional oversight and capital markets expertise of Broadtree. Continue reading →