Newmark Valuation & Advisory’s Residential Build-for-Rent (BFR) team, a sub-specialty of our Residential Specialty Practice, guides critical decision-making for institutional and private lenders, as well as investors, builders and developers. The practice focuses on built-for-rent (BFR) in addition to single-family rental (SFR) valuation services, offering premium talent and experience for this rapidly growing segment of the residential market.
Through the first 10 months of 2021, our team completed valuation services involving 3,900 detached, townhome, villa and duplex units, totaling approximately 7.1 million rentable square feet. Our BFR valuation experience ranges from typical multifamily scenarios involving as-is value and prospective values upon completion and stabilization, to additional master floor plan values and secondary bulk market values involving sell-off of finished homes at retail prices.
We specialize in valuation services for the following scenarios: