Only approximately 1.5% of 1 to 4 unit rental homes are owned by institutional or strategic investors. The vast majority of these rentals have been owned and operated by individual investors renting houses for supplemental income. These owners may not have the resources, know-how, or appetite to maintain and invest in the homes over time. This has resulted in dramatic variations in upkeep, maintenance, and service for what is by far the largest segment of America’s renting families.
Steinbridge is redeveloping hundreds of existing single family homes in momentum submarkets of America’s growing cities. Steinbridge redevelops homes to a very high-quality standard and rents them to working families at affordable and sustainable rates.
Steinbridge Project Highlight
Harvard Business School Magazine
Building a new Real Estate Investment Model
A plan to buy, fix, and rent homes in major markets aims to keep city living an affordable option for urban residents.