Small investors who might not have the funds – or the stomach to be landlords – have a new option to get in on the lucrative single-family rental market.
Home renovations have been surging during the pandemic, and homeowners aren’t shying away from major redos either. More than half-55%-of more than 2,000 U.S.
Boxer Sugar Ray Leonard is hoping for a knockout in the real estate market. He recently relisted his Pacific Palisades estate for $46.5 million, tapping a trio of agents, including luxury real estate specialist Drew Fenton of Hilton & Hyland, to handle the sale.
According to the Mortgage Bankers Association’s latest annual report of the multifamily lending market, in 2020, there were 2,140 different multifamily lenders that provided a total of $359.7 billion in new mortgages for apartment buildings with five or more units.