February 17, 2025

Borrowers will see an increase of capital in the single-family rental (SFR) and build-to-rent (BTR) space this year. Construction financing will be available for strong BTR projects backed by top-tier sponsors. Lenders feel this is a solid asset class and rents are expected to grow in most markets. This is also a highly attractive housing solution for many tenants versus traditional multifamily communities. Look for more demand for refinances as many sponsors decide to hold properties as rates go higher and asset values are down. More