Real Estate: Wall Street's Single-Family Home Landlords Bet on Suburban Rental Demand

Published: June 8, 2020, 6:51 a.m.

Some of the nation’s biggest landlords are betting on a surge in demand for single-family rentals in the suburbs. JPMorgan Asset Management and American Homes 4 Rent announced a joint venture to build 2,500 new single-family rentals in western and southwestern high-growth markets. They say the deal will capitalize on a post-pandemic desire to move away from apartments in crowded cities. It will also help address a lack of existing home inventory.