Articles Tagged with ''single-family rentals''

Amherst Residential continues single-family rental buying spree with $404 million deal

Snaps up 2,400 rental properties across multiple states
Texas-based Amherst Residential has been betting big on the single-family rental market, scooping up millions of dollars' worth of properties across the U.S. to build a portfolio of more than 23,000 homes. Amherst's latest acquisition includes 2,400 properties located in multiple states and closed in a series of transactions totaling $404.1 million. And it seems the company isn't done spending just yet.
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Roofstock will now allow investors to buy just a piece of a single-family rental home

Unveils new shared ownership program
Have you ever wanted to start investing in single-family rentals but couldn’t secure a mortgage or scrape together enough capital to buy a property outright? Or you were apprehensive about being a landlord? Well, now, there’s a new way to invest in single-family rental: buying just a piece of the property.
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Redwood Trust buying real estate investment loan originator 5 Arches

REIT acquires remaining 80% of originator
Last year, Redwood Trust, a real estate investment trust that specializes in buying and securitizing jumbo mortgages, grew its real estate investor loan business when it acquired a 20% stake in 5 Arches, an originator and asset manager of investor-focused loans. As part of the deal, Redwood Trust had the right to purchase the remaining 80% of 5 Arches within one year. And now, Redwood Trust plans to do just that.
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Renters Warehouse promotes David Sommer to chief operating officer

Previously served as executive vice president of operations
Fresh off completing its acquisition of OwnAmerica, one of the country’s largest investment marketplaces for single-family rentals, Renters Warehouse, is making a change in its management structure. Renters Warehouse, a property management company that specializes in managing single-family rentals, announced recently that it is promoting David Sommer from executive vice president of operations to chief operating officer.
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Nation's largest single-family rental owners offer rent relief to unpaid federal workers

Become latest to give affected workers a break
American Homes 4 Rent, FirstKey Homes, Front Yard Residential, Invitation Homes, Progress Residential, and Tricon American Homes are offering the option of deferring their rent payment with no late fees to any of their residents who are among the approximately 800,000 federal workers who are either furloughed or working without pay because of the federal government shutdown.
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Roofstock offering investors guaranteed rent on single-family rental homes

Company will pay investors rent on vacant properties for 12 months
Roofstock, a platform for buying and selling single-family rental homes, is offering a unique carrot to try to entice investors to use its platform to buy a property: guaranteed rent. Roofstock announced Tuesday that it is rolling out what it calls an “industry-leading” guarantee that provides up to 12 months of rent on a vacant property purchased through the company’s platform.
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