Our Investment Strategy
We focus on first-ring suburban single-family rental homes with upgraded amenities which we believe will continue to benefit from healthy, long-term demand fundamentals from the growing pool of middle-income renters seeking the single-family lifestyle without the upfront and ongoing investments associated with home ownership.
We intend to utilize two primary investment strategies to drive growth in value and to maximize returns to shareholders:
- Aggregation of single-asset and small portfolios of scattered-site homes
- Development of build-to-rent communities
Our Knowledge/Quality Target Markets
We focus on knowledge-economy and high quality of life (“Knowledge/Quality”) markets with strong job growth above the national average, expanding populations and favorable quality of life characteristics primarily selected in the Sunbelt and high growth areas of the West. These Knowledge/Quality markets are typically non-gateway regions, with access to good healthcare, highly-rated school systems, lower crime rates, robust infrastructure, good affordability and a growing economic base and are generally anchored by major universities, technology, healthcare, trade, next-generation high value-add manufacturing or government industries as well as right to work laws, growing populations, strong household formations and industries and other industries with attractive and growing compensation levels.
We believe our approach should not only contribute to achieving strong rental demand and occupancy but should also enable us to achieve revenue growth to deliver attractive risk-adjusted returns within our portfolio.