Varde Partners Bets on Housing Market Boom in Sun Belt Suburbs

March 22, 2021
Patrick Clark - Bloomberg

Varde Partners is investing more than $250 million to fund development of single-family homes in Arizona, Florida and Texas in a bet on Sun Belt suburbs.

With historically low mortgage rates driving a housing rally during the pandemic, Varde is putting money into the real estate market through a trio of transactions as Americans shift away from coastal cities in a search for larger properties.



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