SFR

CPPIB will join with Greystar Real Estate Partners to build and acquire SFR properties in the United States.

Likely, just more growth, as institutional investors turn to acquisitions from iBuyers in addition to more traditional methods.

The elevated inflation rate in Atlanta partly stems from its lower starting point. Still, a mix of cash-rich investors and an influx of newcomers from the North are squeezing out locals.

Technology start-up Lessen, which connects institutional investors in SFRs with building contractors, is raising $170 million.

Investors bought more than 90,000 homes in the three months through September, an 80 percent increase year-over-year, reports Redfin.

New York-based investment firm Pretium Partners LLC, the country’s second largest SFR landlord, will purchase the homes.

Ivy Zelman is cautioning clients that overheated areas with heavy concentrations of investors are likely to face “corrections.”

After changing its algorithms to make higher offers, Zillow ended up with so many winning bids it had to stop making new offers on properties.

Realogy Holdings Corp. and Blackstone-backed Home Partners of America are expanding a joint venture that competes with Zillow and Opendoor.

Year-over-year rent growth in the single-family rental sector is closing in on double digits with demand remaining white hot.