Rental-Home Investors Slow Purchases as Doubts Cloud US Prices
KKR’s My Community Homes and American Homes 4 Rent are among landlords that have reduced acquisitions to wait out high prices.
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Some of the largest US landlords have pulled back on purchases of single-family rental homes as rising financing costs and high home prices cast a cloud over the once-sizzling market.
KKR & Co.’s My Community Homes, American Homes 4 Rent, and Amherst Holdings are among those that have slowed acquisitions of homes in recent weeks, according to people familiar with the efforts.