Sponsored by Community Associations Institute (CAI), the 2014 Community Association Law Seminar is a one-of-a-kind event exploring trends and practices in association law for attorneys, management professionals and other industry leaders. After attending CAI’s Law Seminar you will:
-- Be better prepared to deal with the pressing issues facing condominium and homeowner associations today.
-- Know how to plan for the next five years in the practice of association law.
-- Have a valuable, supportive network of colleagues around the country.
-- Receive a copy of the Law Seminar proceedings on CD to use as a reference.
Build to rent allows investors to buy newly built homes and rent them out instead of selling them. Because the homes are new, investors are able to charge higher rent prices and tenants often stay in the home for longer periods of time. But the question remains: Why would builders move into the rental market during a time when homes are selling quickly and at higher prices than any time in the past decade?
Today the average student debt resulting from a four-year degree stands at $30,000. According to a report released by American Student Assistance in 2015, 71% of non-homeowners surveyed who carry student debt say the burden of monthly payments has kept them from purchasing a home. More than half of those say their student debt loads will likely prevent home ownership for another five years.
Currently, institutional investors control approximately 170,000 properties (a relatively small portion of the overall SFR space, which is dominated by smaller investors, and estimated to include 11 to 13 million properties). KBRA reports that 105,000 properties have been included in the 26 single-borrower deals done to date, which suggests there are somewhere north of 60,000 properties that could still be securitized.