U.S.-based development firm Timberlane does much more than buy neglected properties to fix them up for prospective buyers, reports Bloomberg.

Timberlane mainly targets young homebuyers, so “takes extra care to provide [architectural] touches it can market specifically to the perceived whims of millennial tenants,” says Bloomberg. That includes adding historically accurate, vintage details.

As well, Timberlane says younger buyers prioritize health-related amenities such as larger gyms. Read more.

For more on real estate, read:

Global real estate remains attractive

World’s most expensive real estate

Should you invest in utilities, REITs

Is a home a nest egg or an investment risk?

Supply lacking in Toronto’s low-rise market

Vancouver homes eat 88% of pretax income

Originally published on Advisor.ca

Add a comment

You must be logged in to comment.

Register on Advisor.ca