Items Tagged with 'single-family rentals'

ARTICLES

  • 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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  • Single-family rental giant bets big on house flipping market

    Amherst Holdings is putting up $1 billion to fund the launch and expansion of a house flipping operation called Bungalo
    Amherst Holdings, one of the largest single-family rental entities in the U.S., is putting up $1 billion to back a platform it can use to sell off homes it has flipped. According to a Bloomberg article, Amherst owns or manages roughly 20,000 single-family rentals and is launching a subsidiary called Bungalo to flip properties, selling them at no-haggle prices in the hopes of attracting buyers who want a simpler home buying experience.
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  • Cerberus plots $500 million expansion of FirstKey Homes single-family rental portfolio

    Private capital management company ravenous for single-family rental homes
    Cerberus Capital Management is hungry for single-family rental homes. The company, which manages its single-family properties through FirstKey Homes and owned 11,000 homes at the end of 2017, is trying to raise more than $500 million to expand its portfolio by over 40,000 homes.
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  • Fannie Mae, Freddie Mac ending expansion into single-family rentals

    FHFA says single-family rental market can function without GSEs
    Over the last year or so, Fannie Mae and Freddie Mac both expanded their presence in the single-family rental market, with both of the GSEs beginning to fund single-family rental investments for larger players in the market. But that expansion is about to end.
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