EasyKnock, a fast growing player in the booming single-family home rental business, told Business Insider that it had secured a commitment from a partner for a $500 million credit line.
The single-family home rental giant, Invitation Homes, has said it, too, will seek to arrange sale-leaseback deals.
A growing group of Wall Street owners of single-family rental homes have ramped up their fundraising in anticipation of the millions of Americans who could be forced to turn over or sell their homes amid the financial stress of the pandemic.
"There are 12 million single-family rental homes that have to be sold in the next decade as their owners age out.
Hill said there are about 15.5 million single-family homes in the rental market nationally.
Persons:
Read, Jarred Kessler, Kessler, Richard Hill, Morgan Stanley, Jared Kushner's, they're, Hill, Dallas Tanner
Organizations:
Wall Street