Could a recession be rocket fuel for single-family rentals? – Robert Khodadadian

As housing braces for a prolonged downturn, the single-family rental sector appears poised for a shopping spree. Accounting for a third of the total U.S. rental inventory, single-family rentals now comprise nearly 16 million units worth over $4 trillion, according to data from Harvard’s Joint Center for Housing Studies. The sector — and especially its even faster-growing build-to-rent segment — would appear to be threatened by a combination of rising rates, inflation and sky-high construction costs

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Home Page, Residential Real Estate The Real Deal New York Read More