Here enters into each acquisition with an expected holding period of 10-15 years.
The decision to sell a Here property will be determined by our acquisition team, and it is a decision that will not be taken lightly. We'll generally factor in home price appreciation, the internal rate of return for our investors, and the availability of high-quality investments at attractive prices in the marketplace. With the above criteria in mind, we may decide it’s in the best interest of shareholders to sell a property earlier than ten years or to hold a property for more than fifteen years.