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13 Must Reads for the CRE Industry Today (Apr. 14, 2021) Foreign institutions are partnering with U.S. companies to buy single-family rentals, reports the Wall Street Journal. The Associated Press looks at the legal and scientific principles for why the CDC is behind the current eviction ban. These are among today’s must reads from around the commercial real estate industry.
That Suburban Home Buyer Could Be a Foreign Government “Big foreign investment firms that buy office buildings, hotels and shopping centers around the world have a new favorite real-estate play: single-family homes in American suburbs. These institutions are partnering with U.S. housing companies to buy or build rental homes by the thousands. In suburban neighborhoods near cities such as Atlanta, Las Vegas and Phoenix, blocks of families are sending monthly rent checks to ventures backed by Canadian pension funds, European insurers, and Asian or Middle Eastern government-run funds.” (