PE Players Panel: Underwriting, LP Management, Deal Capitalization & Investment Preferences
• What makes a development deal attractive today?
• What kind of yields and IRR are you looking for?
• Raising a fund… Single vs. multi-asset funds, Is your capital from a dedicated SFR fund or general pool and what kind of a cap stack and terms is the investor be comfortable with?
• Target entry/exit cap rate and rent growth expectations
• SFR vs. other real estate assets; Scattered site vs. BTR
• How patient are your investors viewing the SFR market?
• Are you putting our equity or debt at what terms? What do you look for in a partner including reporting & infrastructure?
• What is your decision-making process
• Which markets are you looking to invest in?