[DALLAS, TX, QTR 1 2022] - Sylvan Realty brokered the sale of a $10+ million, 30+ home single-family rental portfolio in Dallas-Fort Worth Metropolitan Area. Sylvan Realty Portfolio Services Group (PSG) completed the sale. The sale, also called Project Lone Star, was between two premier institutional firms attracted to high-performing portfolios.
“We are thrilled to help transact this institutional quality portfolio in this high growth market”, added John Bielefeldt, Director of Dispositions in PSG.
PORTFOLIO DETAILS:
- Institutional quality portfolio located in Dallas, TX
- High yield portfolio with strong rental growth
- Home values have increased 20% YOY
- Strong cash flowing portfolio
- $272,600+ average price per home
ABOUT SYLVAN REALTY
Sylvan Realty provides top acquisition and disposition brokerage services for select institutional portfolios. Sylvan Realty is a fully licensed real estate brokerage firm, and a wholly owned subsidiary of Sylvan Road.
ABOUT SYLVAN ROAD
Sylvan Road is an investment firm focused exclusively on single family real estate. We are a technology-enabled, data centric, idea-driven firm that utilizes proprietary analytics on our platform. We were one of the earliest pioneers in the sector, and currently have over $2 billion[1] in assets under management.
Sylvan Road controls the end-to-end investment process through its subsidiaries in investment and asset management, general contracting and construction management, field services and property management. Sylvan Road manages capital for blue chip institutions, insurance companies, credit and real estate funds, asset managers and family offices.
To learn more about available portfolios and services, please visit SylvanRE.com or call Becca Stapp at (404) 522-4008 x 1324.
[1] As of April 1, 2022
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