Real Estate Fund Shuttered Over Alleged $630M Fraud New Jersey state regulators have shut down Secaucus, N.J.-based National Realty Investment Advisors for allegedly fraudulently selling $630 million of securities to at least 1,800 investors nationwide. So reports NJBiz.

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Build-for-Rent Homes Gain in Share of Real Estate Investment

Homes built for the purpose of renting, or “build for rent” homes, made up 26% of properties added to the portfolios of single-family rental home providers in the fourth quarter of 2021, up from 3% as recently as the third quarter of 2019. That’s according to new data from the current Single-Family Rental Market Index by the National Rental Home Council and John Burns Real Estate Consulting.

build a house g67d4a4e4e 640Purchases of existing homes still represented 57% of properties added by single-family rental home providers in the fourth quarter of 2021, but that was down from 81% in the third quarter of 2019.

David Howard, executive director of NRHC, called build-for-rent housing “an innovative effort to bring new supply to the market for rental housing, providing communities with an invaluable source of critically needed middle-income and workforce housing.”

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