As millennials flee coronavirus-ridden cities, JP Morgan teams up with American Homes 4 Rent to build large suburban rental homes
May 14, 2020 at 13:42 PM EDT
In its first joint venture with JP Morgan Asset Management, one of the nation's largest single-family landlords is building its own rental homes outside Las Vegas, banking on a new millennial push to the suburbs--a push now accelerating due to the coronavirus.