The current state of investment in residential housing, from both an individual and an institutional perspective, is in flux. More people than ever before are choosing to rent rather than purchase homes. Similarly, institutional investors are entering the market in a greater number, seeking to add SFR (Single Family Rentals) and B4R (Build for Rent) to the current lexicon of investment buzz words. While growth of the rental market as an investment option is real, there remai

There is a shortage of acceptable financing sources for land and lot developers. Traditional bank finance, if available, is often not efficient and/or typically provides less than 70% of total project costs. Spire Residential saw the opportunity for intelligent capital to enter the marketplace and provide targeted financing to specific developers and projects that meet internal criteria. The Spire Residential Lot Loan Program (“LLP”) seeks to provide capital for land and lot