September 9, 2024

Look for more competition and increased flexibility for single-family rental (SFR) and build-to-rent (BTR) deals going forward. Expect overall deal volume to ramp up later this year into a strong 2025. Next year should be robust as the Federal Reserve will have begun cutting short-term rates and there will not be any election uncertainty. Rates could even start coming down as early as next month. Lenders will become less selective given the amount of dry powder raised that still needs to be deployed. More