Mark Heschmeyer

Staff Writer

<div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>Pretium, a residential real estate investment firm, and an Ares Management-led group of investors and funds plan to buy single-family rental housing provider Front Yard Residential in a deal valued at $2.4 billion as demand rises for single-family rentals mainly outside city centers. </p></div></div>

United States

Finance

Pretium, Ares Management Want to Take Front Yard Residential Private

US Bet on Single-Family Rentals Expands With $2.4 Billion Deal

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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US Bet on Single-Family Rentals Expands With $2.4 Billion Deal

Pretium, Ares Management Want to Take Front Yard Residential Private

Get In Touch888-226-7404

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888-226-7404