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Wall Street investors are the new breed of single-family landlords

Housing Wire

Purchases of single-family rental properties by investors are on the rise in Sunbelt cities like Phoenix; Austin, Texas; Las Vegas; Tampa; and Charlotte, among others, according to research by John Burns Real Estate Consulting. The post Wall Street investors are the new breed of single-family landlords appeared first on HousingWire.

Landlords 394
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Investors bought one in six homes sold in Q2 2024: Redfin

Housing Wire

housing market may have slowed during the second quarter of the year, investors did not take their foot off the gas. The number of home purchases by investors rose 3.4% While investors are still sensitive to mortgage rate changes, they are less sensitive than consumer buyers as 69% of investors pay in cash.

Investors 433
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Opinion: Investors play key role in providing affordable housing options

Housing Wire

Investors provide capital necessary for many families to fulfill their aspirations of living in a house whether renting or owning. How can investors help with homeownership? Let’s switch gears and consider how investors help with home ownership. But, who are these investors? To be precise, the average U.S.

Investors 418
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Bain Capital gains majority stake in residential investment lender Archwest Capital

Housing Wire

Global asset manager Bain Capital announced Monday that it has acquired a controlling stake in Archwest Capital , a California -based company that offers financing to residential real estate investors. Archwest provides business-purpose financing for single-family and multifamily homes, as well as mixed-use and commercial properties.

Investing 376
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Knox Financial announces $10 million in Series A funding

Housing Wire

Other investors included Greycroft, Pillar VC, 2LVC, and Gaingels. Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. That’s $14.7 million of total funding to-date for Knox. Knox has shown people across the U.S.

Landlords 386
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Mom-and-pop investors are fueling the PLS market 

Housing Wire

If you were to take an inventory of deals which came out, a majority of the deals have been investor [investment property] … deals, and the prime jumbo deals have been very far and few in between.”. We are starting to see some indication of a resurgence in investor-loan issuance backed by agency-eligible loans,” the MAXEX report states.

Investors 285
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NAR partners with RentRedi for benefits program

Housing Wire

The platform provides tools for both landlords and renters, which the company said is designed to automate and streamline the management process. “As RentRedi’s biggest investors include K1 Investment Management, RiverPark Ventures, TIA Ventures and Tribeca Early Stage Partners.

Landlords 332