Atlanta, GA, [October 8, 2024] – Sylvan Road is pleased to announce the successful sale of a single-family rental (SFR) portfolio valued at over $8 million. The portfolio, consisting of 45+ scattered single-family homes, is located in the metro Atlanta area.
“This transaction is a testament to SFR remaining a target allocation within the commercial real estate sector,” said Michael Lipman, Sylvan Road’s Director of Portfolio Services. “Despite broader market headwinds, institutional capital continues to flow into the single-family space, and we expect that trend to continue as the interest rate landscape becomes less clouded in the coming months.”
Sylvan Road’s Portfolio Services Group facilitated the transaction, which involved two national SFR operators.
About Sylvan Road Capital: Sylvan Road Capital is a technology-driven, vertically integrated investment firm specializing in single-family residential assets for institutional owners. Managing over $1 billion in assets under management (AUM) across more than 20 markets nationwide, Sylvan Road Capital is a leader in the industry.
For more information about available portfolios and services, please visit SylvanRE.com or contact Becca Stapp at (813) 405-6501.
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