Bill Ramsey – Build-For-Rent Overview

IMN: The Single Family Rental Forum (East)

July 19, 2021

12:25 PM – 1:10 PM ET

Speakers
Bill Ramsey, Principal, KTGY
John Watt, Investor Product Mgr. & VP, Investor BD, Unitas Financial Services
Dave Platter, Vice President, Amherst
Dennis Cisterna III, Chief Investment Officer, Lafayette Communities
Mark Peterson, National Director, Build-for-Rent (BFR) Division, SVN | SFRhub Advisors
Mitch Rotta, Director, New Construction, TRICOR

• Spec building and finish levels
• What kind of gross and net cap rates are you seeing?
• City or suburbs: What is your preference?
• What are the long-term market participation plans of large homebuilders?
• Where are you seeing the underwriting risk?
• OPEX, reserves, rent level and lease up vs. older homes
• Trend or here to stay?
• Big builder market interest… Will it continue? Will apartment owners be jumping in?
• Target yields and returns
• Vertical integration in the BFR markets