VineBrook Homes Trust, which operates more than 13,500 SFRs, has held discussions with advisers about going public.

REITs have a track record of performing well during inflationary periods.

Real estate funds that used to exclusively target institutions are increasingly trying to appeal to retail investors.

The firm offered to take over the industrial REIT for $18.70 a share, in a rival bid to Sam Zell’s Equity Commonwealth.