Lance Lambert’s Post

Every month, we host at least one webinar for ResiClub members. Today, we’re hosting a webinar (5:30 p.m. ET—2:30 p.m. PT) that we’re opening up beyond just our paying members 👇 During webinar today, I’ll ask Roofstock executive chairman & co-founder Gary Beasley for his take on Trump’s proposed institutional homebuying ‘ban’ and where he thinks institutional capital’s involvement in the housing and single-family rental markets goes from here. Prior to founding Roofstock, Gary Beasley was the CEO of Waypoint Homes. Founded in 2009, Waypoint Homes was one of the early institutional housing investors that seized the opportunity presented by the 2008 housing market crash, acquiring distressed single-family properties at significantly reduced prices. In 2012, the Wall Street Journal reported that Waypoint Homes was the first institutional group to own over 1,000 single-family rentals. Betting that single-family rentals would attract the attention of more investors over time, Beasley left Waypoint (which was rolled up into Starwood and then later into institutional landlord giant Invitation Homes) to co-founded Roofstock in 2015 to help larger funds acquire and sell single-family rentals. In the years that followed, institutional capital believed the housing market had become undersupplied and began deploying more capital into build-to-rent. Want to watch it live today? Use this Zoom link to register: https://lnkd.in/gkFM25J6