COVID-19 has set off a sea change in the way that people work and live, which has accelerated the growth of the single-family rental market.  Stay at home orders have pushed people to seek more space (and greener pastures) in the suburbs, accelerating recent demographic trends, which have seen millennials move out of major cities.  The surge of work from home opportunities has also increased the need for a home office, placing a premium on the traditional suburban home.  Many of those relocating to the suburbs are renting single-family homes.

This seminar will discuss  COVID-19’s  impact on the single-family rental market, the opportunities and challenges that COVID has placed on the industry, and the impact of those trends on the finance and securitization markets.  Topics will include:

• The impact of eviction moratoriums on the single-family rental market
• Issues around the operation of single-family rental properties during the pandemic
• Recent trends in single-family rental, including the rise of build-to-rent
• The fundamentals of single-family rental securitizations, including how single-family rental properties are valued and how single-family rental loans are underwritten and rated