Thursday, July 1, 2021 / by Juan Grimaldo
New investment firm with Phoenix CEO to focus on build-to-rent homes in Arizona, elsewhere
The intense popularity of build-to-rent homes in the Phoenix market and elsewhere is drawing another player into the game.
Newly formed New York-based commercial real estate investment firm SVN | SFR Capital Management is dedicated to the burgeoning build-to-rent field nationwide and has Jeff Cline of Phoenix as its CEO.
SVN | SFR — which is affiliated with Boston-based CRE advisory firm SVN International Corp. — has an initial allocation of $10 billion in equity and debt capital from institutional investors that it will spend on a large-scale real estate portfolio for eventual disposition.
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