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Adam Stern0 Posts
Adam Stern is the Founder and CEO of Strata SFR. He has transacted on more Single-Family Rental Portfolios than any other single professional broker in the SFR industry. He has built a firm presence in the institutional Single-Family Rental industry since its emergence in 2010. Over the past decade, he has made a career listing and selling existing rental property portfolios to and for some of the largest institutional investors in the space as well as newly emerging private equity groups.
Where is Build-for-Rent Headed?
The Market is Still Fundamentally Strong By Adam Stern For context, my firm provides Advisory and Investment Sales Services for regional builders looking to break into or expand in the Build-For-Rent segment, and showing them how to take residential projects and fit them into the Build-For-Rent mold in order to sell their neighborhoods as rental communities to long term buy-and-hold operators. Let’s start with a view of where things just were and
Real Estate Technology Today
Using the Power of Technology from Acquisition Through Disposition By Adam Stern There is a widely accepted principle called Moore’s law that states the speed of technology will double every two years, so to say technology is advancing at a meteoric pace is cliché. Technology is the backbone of turning a small business into a scalable enterprise and making processes and access to data easier and quicker. When talking about
Single Family Rental Strategies in a Hot Market
Act Quickly, Honestly, and Decisively by Adam Stern The residential housing market is HOT. Inventory is down in all major markets acrossthe country, prices have risen precipitously for consecutive years since the late 2010’s, and the influx of capital into the rental housing space has been steady and ever increasing. Low inventory, cheap money, and the driver? People are renting homes at a faster pace than ever before. The confluence
A Generational Shift in Housing
The Trend Toward Renting vs. Owning by Adam Stern The home ownership rate in the U.S. today stands at 65.8%, which is up year over year. But it is a far cry from its height in early 2004, when it stood at just about 70%. Overall, the trend toward homeownership is down. This trend in U.S home ownership did not happen organically. It was not propagated by consumer demand or
2020: A Year to Forget For Most, But Not For SFR
The SFR Industry Resiliency By: Adam Stern, CEO, Strata SFR There are some industries that tend to do better than average or even flourish during times of economic downturn. If we look back to past recessions in the US, those tended to be segments of the economy where demand does not much fluctuate based on changing prices; sectors such as basic household staples, healthcare, and consumer goods. The reason these
