JPMorgan and Haven Realty Capital entered into a joint venture agreement on November 15. The companies plan to acquire up to $1 billion in build-to-rent properties, starting in Atlanta. Housing experts warn that it can take a long time to bring build-to-rent properties to market.
Mentioned Faculty
Tomasz Piskorski
Tomasz Piskorski is the Edward S. Gordon Professor of Real Estate in the Finance Division at Columbia Business School. He is also a Research Associate at the National Bureau of Economic Research and serves on the Academic Research Council of the Housing Finance Policy Center at the Urban Institute. Professor Piskorski earned a M.S. in Mathematics from New York University Courant Institute of Mathematical Sciences and a Ph.D. in Economics from New York University Stern School of Business.