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Pretium Completes $1 Billion Purchase of Front Yard Residential

Deal Shows Appetite for Growth of Single-Family Rental Assets
Institutional capital is moving into the single-family rental market. (iStock)
Institutional capital is moving into the single-family rental market. (iStock)
CoStar News
January 13, 2021 | 10:35 P.M.

Investment manager Pretium has completed its acquisition of Front Yard Residential, a real estate investment trust focused on single-family rental properties. The deal adds 14,500 homes to Pretium’s growing portfolio.

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News | Pretium Completes $1 Billion Purchase of Front Yard Residential