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PPR invests in build-to-rent as housing law reshapes rental market

Firm launches $100 million fund for newly built projects
Legends Townhomes is a newly constructed 116-unit build-to-rent project in Lebanon, Tennessee. (CoStar)
Legends Townhomes is a newly constructed 116-unit build-to-rent project in Lebanon, Tennessee. (CoStar)

PPR Capital Management has launched a fund aimed squarely at one of residential real estate's fastest-growing niches: build-to-rent.

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