Amanda Blackmon of Invitation Homes and Daniel Ray of Preferred Floor and Tile organized the launch event for the newly established North Carolina Rental Home Council (NCRHC), a chapter of the National Rental Home Council. The NCRHC is a trade organization for the SFR industry representing owners, owner-operators, builders, vendors, and service providers of the Single Family Rental industry.
The event was a follow-up to the exploratory event back in March of this year. The event drew exceptional attendance from many of the major SFRs including Invitation Homes, Tricon, First Key, and Avenue One. The collegial attitude that marks the SFR industry permeated the event as past colleagues met, shared stories of the impact of the interest rate changes, and caught up.
The keynote talk was a panel of CEOs from Invitation Homes, Tricon, and First Key who spoke in general of the economy, the impacts of the interest rate change, and how they are approaching the market. Dallas Tanner of Invitation Homes remarked that 95% of homeowners have a mortgage of under 5%, driving suppressed supply of homes.
