Dallas Tanner, president and CEO of Invitation Properties Inc. (NYSE: INVH), sat down for a video interview at Nareit’s REITweek: 2026 Investor Convention in New York, June 1-4.
Tanner stated demand for single-family leases stays sturdy as excessive mortgage charges make homeownership considerably costlier. He estimated the affordability hole at roughly $1,000 monthly, serving to drive longer resident stays.
He famous that fewer renters are leaving to purchase houses, with the share falling from roughly 24%–25% traditionally to 17%–18% as we speak. Most new residents already hire single-family houses and are drawn by location preferences and better service requirements, he stated.
Wanting forward, Tanner expects build-to-rent communities to change into a serious progress driver. He cited advantages together with enhanced facilities, operational efficiencies, and higher flexibility in managing capital and partnerships with homebuilders and builders.
Addressing criticism of institutional possession in housing, Tanner stated giant single-family rental operators characterize solely a small portion of the market and are more and more targeted on including provide relatively than buying current houses. He stated the business is being unfairly blamed for broader affordability challenges: “We have kind of been painted with a brush that we’re the issue, not the answer.”
On the broader housing market, Tanner stated mortgage charges and transaction volumes stay key indicators to look at. He additionally expects rising demand for versatile choices, together with rent-to-own fashions, as youthful shoppers prioritize mobility and selection
