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LONDON, Oct. 23, 2019 (GLOBE NEWSWIRE) -- Since World War II, homeownership has been a central feature of American life. But in recent years, this has begun to change. A range of social and economic factors, such as greater labour mobility and a tendency to delay marriage and childbearing, has shifted demand from homeownership to renting, particularly among the young.
Combine these factors with modest wage gains, rising student debt and high construction costs, and it’s easy to see why the Millennial and Generation Z cohorts are creating a groundswell in the rental market. This trend, which emerged after the global financial crisis, has seen total US homeownership fall by approximately five percent.
One organisation that has been able to identify key opportunities in the market is SFO Group. It seeks to provide clients with a defensive investment in the multifamily sector, which has proved resilient during previous downturns. As such, SFO Group’s multifamily housing strategy has attracted interest from investors looking to optimise their asset allocation. To date, SFO Group’s US multi-housing portfolio exceeds 3,000 units and offers clients a stable and well-diversified source of income.
Writing in the latest edition of World Finance magazine, Mohamad Abouchalbak, CEO of SFO Group, discusses his company’s latest housing strategy. Launched in 2016, it caters predominantly to investors seeking long-term, risk-adjusted income streams, focusing on both resurgent and emerging cities across the US.
This strategy has reinforced SFO Group’s reputation as a key player in the global housing market. It’s an approach that received further vindication after the firm was awarded the title of Best Real Estate Investment Company as part of the World Finance Wealth Management Awards.
To find out more about SFO Group, check out an exclusive article by Mohamad Abouchalbak in the latest edition of World Finance, available in print, on tablet and online now.
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