Lafayette Real Estate

?? Exciting News! ?? We're thrilled to announce our latest Build-to-Rent (BTR) land closing at Grand Reserve in New Port Richey, FL – a sought-after Tampa suburb. This marks our 15th BTR deal since 2023, representing over 1,000 units and $300M in capital across seven U.S. Sunbelt metros. At a time when transaction and construction activity remains slow, we're proud to contribute to addressing the country’s housing shortage by developing new single-family rental communities and leveraging our internal homebuilding affiliate Marquis Homes. ?? Find out more: link in comments! #BuildToRent #RealEstate #HousingSolutions #LafayetteRealEstate #TampaGrowth #FloridaLiving #TampaRealEstate #BuildToRentCommunity #SunbeltHousing #RealEstateDevelopment #ResidentialLiving #NewHomesFlorida

?? We are excited to welcome Joshita V. Varshney to the Lafayette team! ? Joshita joins us as a Senior Associate of Investor Relations & Strategy, supporting Lafayette Real Estate’s fundraising efforts in North America and broader strategic initiatives. ?? Prior to Lafayette, Joshita worked as an investment associate at Blackstone on the real estate debt team, where she contributed to deploying over $2.4bn in capital, bringing with her technical knowledge and fluency in real estate capital markets. ?? Joshita holds a B.S. in Economics from The Wharton School and a B.A. in International Studies from the College of Arts & Sciences at the University of Pennsylvania, with concentrations in Finance and Mandarin Chinese. ?? Welcome, Joshita – we’re excited to achieve great things together!

?? Thank you Alan Feldman and The Wharton School for inviting Thibault Adrien and Cyrus Shahabi to tell students of the real estate department about our story, the SFR asset class, and where we see value creation today. Over the?last 10+ years,?we’ve witnessed the?SFR?asset class evolve?from a niche investment to?a thriving and institutionally adopted asset class, and it's great to see the next generation of real estate professionals get excited about it. Thanks again and we’d be happy to do it again! ??

Brandywine Cares, Inc. has been busy, so I wanted to share some highlights to raise awareness for the incredible impact the team is having: ?? YTD KPIs continue to look very good: $250k contributed, 166 people trained, and 48 people got new jobs, with an average salary increase of $22k. Total impact for the community: $1M+! ?? Behind the numbers, there are real success stories showing how Brandywine Cares, Inc. is changing people's lives (link in comments). ?? We're not alone anymore! We’re backed by Bank of America, City of Refuge, Inc., Yardi, Cobalt Property Services, Gas South, and Brandywine Homes USA —all contributing in excess of $10k. ?? We're hosting our first fundraiser next month in our home base, Atlanta! Join us for Casino Night—you’re invited (link in comments). ??♂? Cyrus Shahabi is running the marathon again and raising money for a great cause... guess which one! (link in comments). Thanks very much again to our President, Heidi Coppola, to Tamara M. Allen, MSML, and to Maylis de Lacoste Lareymondie for the incredible work you are doing.

? Please join us in supporting Cyrus Shahabi and Brandywine Cares, Inc. ? ?? Cyrus will be running the NYC Marathon this Sunday to raise $10,000 for Brandywine Cares, a non-profit we incubated 2 years ago. Since then, Brandywine Cares has helped 166 participants improve their lives and careers through coaching programs. Dozens have secured better jobs, generating over a million dollars in additional income collectively. ???? ?? Help us scale this impact! ?? I invite you to learn more about Brandywine Cares, Inc. by checking out the post below, and the link to donate is in the comments?? ?? You got this, Cyrus! ??♂???♂???♂?!

In these challenging times following recent hurricane Milton, we want to reassure our residents and capital partners that the safety and well-being of our residents and their homes remain our top priority. As sizable property owners, we are fortunate to have the resources and liquidity necessary to take action and support our residents as well as have the appropriate insurance policies in place. Below are some of the measures we have taken to ensure the safety of our residents: ?? Pre Hurricane: - Inform & Alert all Residents?(notices, instructions, preparedness plans, list of local resources) - Secure Properties & Communities?(remove outdoor furniture & hazardous materials, trim trees) - Get Ready Internally (line up vendors, stock up on tools, prepare a game plan) ? Post Hurricane? - Communicate & Check In?with all residents and employees? - Inspect Damages (vacant homes, high risk areas, tenants we have not heard from) - Repair & Restore?affected homes in coordination with our insurance carriers - Relocate heavily impacted residents to vacant homes Ensuring the safety?of our affected residents and repairing their homes remains our top priority. We understand the difficulty of the situation and want to be transparent: this work is not easy. Our team members, despite the challenges such as gas shortages and flooded roads, are doing their absolute best to ensure your homes are safe as soon as possible. Thank you for your patience and continued trust in us—we’re all in this together. Stay safe and strong.

As Florida prepares for Hurricane Milton, safety is our top priority. We want to share our unwavering support to the residents of our homes in Florida, and to our team members, many of whom live in the path of the storm. We have done everything we could both at Lafayette Real Estate, and at Brandywine Homes USA, our property management affiliate, to take all the necessary steps to protect our residents, their homes, and their loved ones. As soon as the storm has passed, we are ready to jump in and provide on-the-ground support to our residents in those stressful times. Residents of your communities: Do not hesitate to reach out to your property managers, and stay safe. We'll weather the storm together!

?? Looking through the pictures of our Echo Farms community in Wilmington (video below), we wanted to take a step back and reflect on the Why, the How, and the Who? WHY? ?? Why did we build these 62 townhomes? - Wilmington was one of the 10 fastest-growing MSAs last year - Wilmington's household growth is projected to be double the US average over the next 5 years - This rapid growth demands homes, including high-quality rental options HOW? ?? How do we build our communities? - Through a dedicated team at Lafayette that has spent the last 13 years building the single-family rental asset class - With vertically integrated operations (Brandywine Homes USA and Marquis Homes) and strong partnerships with third-party homebuilders - Thanks to our trusted capital partners who share our vision and believe in our ability to deliver WHO? ?????? Who do we build them for? - The young parents who aren't ready to buy, but want to live in great communities, and close to good schools for their kids - The tenants who prefer a hassle-free lifestyle, avoiding homeownership responsibilities like maintenance, taxes, and insurance - The newcomers moving from out of state who need flexibility in where they live And for thousands more households who seek high-quality, well-managed, attainable homes ?? Check out the video of Echo Farms below!

In the US, household and population growth are fueling housing demand. Not only are we already short 2-4 million homes, but John Burns also expects 8 million new American households over the next 5 years! Why so many? ?? Demographic composition of the population: 70 million Americans are between 20 and 34; this cohort, the largest in the population, is right at (or soon approaching) PEAK household formation age (Exhibit 1). ?? Lifestyle: People are living longer, aging in place, and getting married later. Consequently, average household size has decreased from 3.3 to 2.5 since 1960. ?? Immigration: The US is the most sought-after immigration destination (3 million new immigrants in 2023), leading to population growth close to India’s and almost 2x Germany’s. If we want these 8 million new households to have homes, we need more supply—and lots of it, both rental and for sale (because no matter what, roughly 1/3 of the population will be renters). At Lafayette, we’re working hard to be part of the solution by building new, accessible, and high-quality single-family rental housing for US households.

Lafayette had the pleasure to participate over the last two weeks to both the #PrivateWealthEastFallForum in New York and the #RealEstatePrivateWealthRetreat in Miami. Thanks to the #MarketsGroup for these two amazing events! We were excited to educate the market on Single-Family Home market, ($36 tn!), the largest and most liquid real estate asset class in the world. This market includes 14 million rental homes (appx $5tn), known as Single Family Rentals (SFR), of which only 3% are institutionally owned (versus 45% in the case of Multifamily). Lafayette has one of the longest track record in the SFR, and over the last 13 years, we have built a vertically integrated platform within our asset class dedicating to creating value and having control over our investments at all stages of the investment life cycle, from building new homes and communities from scratch, to the property management of our stabilized assets. Our mission is to provide much-needed housing solutions to US households. With such a severe housing shortage (2-4 million homes short!), and strong household formation trends (8M new households over the next 5 years), the country needs MILLIONS more great quality and affordable housing solutions, both for renters and homeowners! So if you have a question and would like to dive in this dynamic asset class don't hesitate to reach out! ???????????? Lafayette Real Estate Markets Group #RealEstate #SFR #BFR #PE Cyrus Shahabi