Listen "Deconstructing the Expanding Single-Family Rental Market"
Episode Synopsis
In this episode of the Matthews™ podcast, your host Matthew Wallace is joined by Austin Tomaiko, a premier client advisor specializing in single-family portfolio sales and apartments in the southeast. In this episode, we dive into single-family rentals, discussing the nuances of the product type and the history behind why it has become an asset class targeted by institutional investors. Podcast Breakdown 1:05 — How did you get into the single-family rental game, and how do they compare to multifamily? 2:42 — What are some objections when bringing a single-family rental property to market? 4:20 — Do you see developers creating communities specifically for a single-family to rent? What was the game plan for marketing a large SFR portfolio? 6:29 — How are these deals structured compared to multifamily? How are investors underwriting these SFR portfolios?9:17 — What are some of the unique challenges to an SFR transaction? 11:10 — What makes an SFR investment attractive?13:00 — What is it about SFR that is attracting institutional investors? 14:44 — What does the SFR market look like in the next year, three years, or five years? Is this product type here to stay? 16:16 — What markets are performing well for this asset type? 17:45 — Is supply keeping up with demand? And how has the increasing cost of money affected those development pipelines? 19:14 — What is your advice for investors starting to dip their toes into SFR portfolios?20:34 — Parting thoughts
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