CNBC recently reported that millions of Americans who lost their homes in foreclosure are driving demand in the rental market. So much so that Oliver Chang, Morgan Stanley’s head of U.S. housing strategy and research believes it is time for institutions such as hedge funds and private equity to enter the Single Family Rental market. Please click on the image or link to view!
If the name Oliver Chang sounds familiar, it’s probably because you remember this post from a couple of weeks ago. The team at MACK has been working very closely with Oliver on this very issue…how can big institutional money sources enter in to the Single Family Rental market? It’s Olvier’s contention that the only way for institutions to make a successful entry into the market is for them to partner with operators such as MACK. We, of course, agree!