Sale arranged by JLL for 375-home single-family rental portfolio across Texas, Georgia and North Carolina
United States, Sept. 5 -- JLL Capital Markets announced that it has arranged the sale of a 375-home single-family rental portfolio across eight markets in Texas, Georgia and North Carolina.JLL worked on behalfof the seller, Bridge Tower Partners. The single-family rental portfolio represented an exceptional opportunity for the buyer to acquire immediate scale of high-quality homes with an average vintage of 2018. The portfolio featured well-maintained properties with an average configuration of 3.5 bedrooms and 2.3 bathrooms and an average home size of 1,773 square feet. Operating at 93.7% occupancy, the portfolio demonstrated strong performance and stabilized cash flow.The portfolio was strategically distributed across six major markets, w...
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