Everything we do is underpinned by proprietary analytical tools and methodologies – then battletested by an in-house team of research analysts and real estate capital market experts. We believe that this combination provides Amherst Capital with an information advantage and differentiated perspective into the fundamentals driving performance.
"Real Estate Forecast 2018: Debt, student housing and single-family rental properties are all in season for the new year"
Real Assets Adviser – December 2017Click Here to Download
Real estate is a cyclical investment class, and after eight years of economic growth — in fact, the United States is currently in its third-longest expansion since World War II — the current upward trend of the cycle is feeling a little long in the tooth. While no one can point to a specific event that will cause it to turn downward, it just feels like it is time for the cycle to start cycling. So how can private investors prepare for a change in the investment climate? One way is to look at what institutional investors are doing.
"An emerging asset class: A look at institutional single-family rental activity in 2016/2017"
Institutional Real Estate, Inc. – December 2017Click Here to Download
The share of institutions in the single-family rental market has been rising since 2010. Last year was no exception. Although some of the publicly traded single-family rental REITs report their holdings publicly, we used a slightly different approach to understand the activity of all the major institutional players (publicly traded or not). Specifically, we use the County Record and Transaction Data from CoreLogic to track properties that are owned by institutional pools of capital, by identifying buyers allied with each of them.
“If you own a cheaper house, you're in the money”
CNBC – November 2017Read More
"Institutional activity in the single-family market continues to increase, driven by relatively attractive valuations, modestly strong home price appreciation and stable financing," said Sandeep Bordia, head of research and analytics at Amherst Capital. "We believe that evolving demographics, financial factors and shifting consumer preferences, will keep demand for single-family homes elevated over the coming years."
"Amherst: The state of single-family rental investments"
HousingWire – October 2017Click Here to Download
The single-family rental market is now past 200,000 properties owned by institutional capital. And this is probably a low estimate, with the latest numbers coming out only for the year 2016, according to a new white paper from Amherst Capital Management – these four charts break down the market.
"Institutions have lots of room to grow in the SFR space, research suggests"
National Real Estate Investor – October 2017Read More
There is a lot of room for SFR operators to go from a 2 percent share of the housing market to a much bigger number – according to a new research report published by Amherst Capital Management.
"Mid-sized institutional players bolster investment in single-family rental home market"
GlobeSt.com – October 2017Read More
A report on the single-family rental home market released on Monday by Amherst Capital Management LLC indicates that institutional ownership of single-family rental homes surpassed 200,000 units in 2016.
"Wall Street eying single-family rental market again"
Scotsman Guide – October 2017Read More
An Urban Institute panel of experts recently predicted that institutional investors will likely grow their portfolios of single-family rental units. Wall Street companies drastically scaled back their buying of single-family homes three years ago.
"Sandeep Bordia Discusses Single-Family Rentals at the Urban Institute"
September 26, 2017 - Single-Family Rentals: How Do Institutional Participants View the Market, and What Data Support Their Views?Read More
Amherst Capital Market Update: Increasing Institutional Ownership of Single-Family Rental Homes Solidifies SFR as a Long-Term Asset Class
NEW YORK, October 2, 2017 /PR Newswire/ -- Amherst Capital released a new paper, “U.S. Single Family Rental – Institutional Activity in 2016/2017,” which finds that institutional ownership of single-family rental (SFR) homes surpassed 200,000 homes in 2016, as institutional investors continue to capture a growing share of the SFR market. According to Amherst Capital data, total institutional investment in SFR homes reached $33 billion at the end of 2016.Read More
U.S. Single Family Rental - Institutional Activity in 2016/2017
White Paper - August 2017Click Here to Download
Our November 2016 white paper, "U.S. Single Family Rental—An Emerging Institutional Asset Class" examined single family rentals (“SFR”) as an institution-owned, long-term commercial real estate (“CRE”) asset. It broadly discussed the U.S. housing market and single family rentals, and examined drivers behind the growth of single family rentals, and in particular, institutional SFR. This paper updates that analysis, and takes a closer look at more recent (2016–2017) activity in the Institutional SFR space.
1. Provided through a consulting agreement with Amherst Capital