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Pretium Raises $1.5 Billion for Build-to-Rent Housing

Move Follows Investments in Emerging Asset Class This Year From Blackstone, Invitation Homes
Pretium is an investor in a crowded build-to-rent field that has pumped billions into the asset class. (Getty Images)
Pretium is an investor in a crowded build-to-rent field that has pumped billions into the asset class. (Getty Images)
CoStar News
July 23, 2024 | 9:49 P.M.

Investment firm Pretium closed on a $1.5 billion fund expected to target build-to-rent houses in suburban markets as companies dump billions into build-to-rent projects and house prices since the pandemic have gained more than 50% nationwide.

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