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Apartment Developer Crescent Forms $1 Billion Single-Family Rental Partnership

Venture With Pretium Plans To Build 3,000 Homes in 14 US Cities
Single-family rental homes have become more popular in recent years. (Getty Images)
Single-family rental homes have become more popular in recent years. (Getty Images)
CoStar News
September 16, 2021 | 6:19 P.M.

Several months after announcing a foray into the single-family rental market, the apartment developer Crescent Communities has formed a joint venture with a real estate investment firm to spend $1 billion on the fast-growing property type.

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