An experienced CRE pro, Todd Burrows will focus on Florida’s fast-growing market for portfolios of Single-Family Residential and Build-For-Rent product
Boynton Beach, Fla. (January 8, 2018) – Commercial real estate veteran Todd Burrows has joined SVN Florida as a senior advisor focused on Florida’s fast-growing Single-Family Residential and Build-For-Rent (SFR/BFR) investment portfolio market. Working from SVN Florida’s Jupiter office, Burrows brings his vast experience to serve clients in the residential portfolio asset and Multifamily sector.
Burrows brings to SVN’s SFRhub Business Development Group more than two decades of commercial real estate expertise with more than 1,200 closed transactions in the investment and distressed asset markets. He has successfully served clients ranging from first-time investors to congressionally chartered entities such as Fannie Mae and Freddie Mac.
“I’m excited to join the SVN Florida team and play a leading role in serving clients and driving growth for the company in what is considered to be today’s most dynamic segment of commercial real estate,” said Burrows. “It’s one of the fastest-growing asset segments, and SVN has the right tools and platforms, team members and expertise to serve the single-family portfolio market like no other.”
As a result of current economic conditions and buyer demand, the Single-Family Residential investment portfolio (more than five houses) market is robust and poised for even more growth, according to most experts. According to the US Census Bureau, today more than half of new households in the United States rent a single-family home and that number is expected to grow. Demand is outpacing supply, and revenue growth over the next few years is predicted to continue its upward trend.
In addition, builders and investors also are now realizing the opportunities available in the Build-For-Rent model of single-family homes in master-planned communities and self-contained subdivisions.
“It’s a segment of commercial real estate that is attracting the attention of institutional players, family offices, high net worth individuals, and numerous commercial real estate investors,” said Burrows.
Burrows will work closely with the SVN | SFRhub team in his new role, said Jerry Anderson, CCIM, executive managing director of SVN Florida. SFRhub.com is the online marketplace for SFR/BFR investment portfolio sellers and buyers. The SFRhub platform enables sellers to easily offer their portfolio listings. Buyers find it a snap to research, identify, underwrite, pick and choose, plus transact investment portfolios that meet their criteria.
“With SVN’s culture of collaboration and client-first approach, Todd is a perfect fit for our team,” said Anderson. “His approach to serving clients, his dedication to the profession, and his determination to always build on his market intelligence embodies the spirit of SVN.”
SVN’s SFRHub Business Development Group is a select team of experienced commercial real estate advisors focused on SFR and BFR assets. In addition to traditional CRE services, the team provides the entire spectrum of acquisition, market positioning and disposition services. It also provides a single point of contact relationship for acquisition or disposition of Multifamily assets in Florida.
SVN is the only commercial real estate company that markets all of its properties to the entire brokerage and investment community. SVN advisors share commissions with cooperating brokers to close more deals in less time and at the right value for clients. This open, transparent and collaborative approach to real estate is the SVN difference. SVN Florida provides services in more locations than any other Florida commercial real estate company.
SVN, a commercial real estate brokerage firm headquartered in Boston, is one of the industry’s most recognized and powerful brands based on the annual Lipsey Top Brand Survey and Commercial Property Executive Magazine. With more than 200 locations in 500 markets, SVN Commercial Real Estate Advisors provide sales, leasing and property management services to clients worldwide. The Florida team consists of more than 100 advisors serving locations across the state.
Todd Burrows, Senior Advisor, SVN Florida Commercial Real Estate Advisors, 561-818-0425 [email protected]
Ken Zeszutko, Z Corp PR, 321-213-1818, [email protected]