Active
Alowyn Homes at Centennial
North Las Vegas, NV
Overview
Asset class
Real estate
Asset type
Build-for-rent
Strategy
Core plus
Funds
Balanced eREIT II
Flagship Real Estate Fund
Asset type
Build-for-rent
Build-for-Rent (BFR) homes are newly constructed properties designed specifically for renting, typically built in communities of 50 to 200 units, and operate similar to an apartment building. As home ownership costs soar and the demand for larger living spaces increases, BFR stands out as the next major asset class in real estate as it capitalizes on the growing need for single-family rentals (SFRs). Our BFR strategy involves bulk purchasing directly from builders and managing the rental process, allowing for superior pricing and returns compared to acquiring individual, already-completed homes.
Our strategy
Core plus
Acquire and operate stabilized, cash flowing properties
- Expected variability of return: Moderate
- Timing of expected return: Begin earning income shortly after acquisition
- Primary expected source of returns: Rental income with some growth
This section is intended to provide a general overview of the Core plus strategy for educational purposes only, and is not meant to be representative of the specific details of any individual investment. All investments involve risk; there are no guarantees of any returns.
Associated funds
Balanced eREIT II
Closed Real estate
The Balanced eREIT II acquires Class A multifamily primarily throughout the Sunbelt, following our consistent themes of affordable-priced residential, the attraction of lower-cost regions and the rise of remote work.
Flagship Real Estate Fund
Open Real estate
Our Flagship Real Estate Fund is designed to deliver long-term appreciation from a diversified portfolio of our most favored real estate investment strategies: build-for-rent housing communities and multifamily and industrial assets in the Sunbelt.
