Tag Archives: Foreign Firms Eye U.S. Single-Family Rental Market

Several foreign firms are jumping into the single family homes rental market of late, seeking high returns by snagging up homes at discounts, turning them into rentals, and waiting for an improved housing market. “The business of buying and renting houses, long dominated by local mom-and-pop investors, has morphed over the past two years into one of the hottest investments on Wall Street,” The Wall Street Journal reports. For example, US Masters Residential Property Fund, a real-estate investment trust mostly of Australian retirees, has raised $276 million to invest in […]