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US real estate investor sets bold ambitions for UK BTL growth – London Wallet

Mark Helprin by Mark Helprin
January 25, 2024
in Real Estate
US real estate investor sets bold ambitions for UK BTL growth – London Wallet
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US investor Cortland Group is backing the UK Build-to-Rent sector to grow significantly over the next few years, and wants in on the action.

The company has outlined its ambitions as a third-party operator in the UK’s Build-to-Rent sector.

The firm has been evolving its resident-centric model specifically for investors and developers seeking to select a third-party operator.

The refreshed model takes Cortland’s resident experience expertise and couples it with the investor reporting and strategic asset optimisation strategies with a view to growing exposure to the market.

Cortland is already one of the country’s most established BTR operators, with c.2,500 units under management for external investors in London, Manchester, Liverpool, Stevenage, Leicester, Reading Watford and Birmingham.

Jo Green, head of business development at Cortland, said: “Two decades of experience owning, developing, and managing multifamily in the US gives Cortland’s UK business a strong advantage over current operators. Cortland is able to provide the market with unrivalled operational knowledge, advanced customer relationship management technology, and the most comprehensive set of investor data available.

“I’m excited to launch this offer to the market and establish Cortland as the sector’s number one third-party operator.”

Victoria Quinlan, president (Europe) at Cortland, added: “We have ambitious growth aspirations, and this revised model brings together our deep sector capability, commercial acumen and truly resident-centric approach to create a unique offer for investors and developers looking for superior management skills.”

 



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