The Matthews™ Podcast | Episode #9
Deconstructing the Expanding Single-Family Rental Market
Why are institutional investors chasing this asset class?
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, they 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.
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?
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