Consolidation Continues in SFR Sector as Colony Starwood Agrees to Buy GI Partners’ 3,106 Rental Homes for $815 Million
Area: sqft | BHK: | Price: |
City: | Location: |
Colony Starwood Homes (NYSE:SFR) agreed to acquire a portfolio of 3,106 single-family rental homes from Waypoint/GI Venture LLC for $ 815 million. Colony Starwood currently manages the portfolio for the sellers, which is located in southern and northern California, Chicago, Atlanta, Tampa, Phoenix, Miami and Orlando. As of March 31, 2017, the GI portfolio was 95.8% occupied with an average monthly rent per unit of $ 1,703, which the company said…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group
Recent Posts
- Irene Sandiego, Tampa4u Realtor — Past Home Sales
- Compare the 4 Most Popular Low-Down-Payment Home Loans
- It’s March! The Best Month for Tampa Home Sellers to List
- Builders Fulfill Homebuyers’ Desire for Large Open-Floor-Plan Homes
- The Most Expensive Existing Condos for Sale in Tampa Are on Bayshore Blvd