Items Tagged with 'single-family rentals'

ARTICLES

  • 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.
    Read More
  • 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.
    Read More
  • 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.
    Read More
  • 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.
    Read More
  • Walker & Dunlop joins Freddie Mac SFR pilot program

    Walker & Dunlop will provide $10 million to $25 million for affordable single-family rentals
    Walker & Dunlop is partnering with Freddie Mac to bring its affordable single-family rental pilot program to life. The program offers additional financing option for workforce and affordable rental housing in one to four-unit buildings. Walker & Dunlop’s dedicated SFR team will focus on providing loans to middle markets with an average loan size of between $10 million and $25 million.
    Read More
  • Inspirato enters luxury single-family home market

    The hospitality brand is adding luxury vacation homes to its portfolio
    Inspirato is making the jump into the single-family rental realm/ownership with a new business arm, Inspirato Real Estate. It is marketing homes as rental investments within its portfolio for people who are looking to buy a vacation home but are hesitant for fear of losing money on the home or never using it.
    Read More
  • In the pipeline: Tapping the small veins

    Lenders are mobilizing to serve a growing class of investors that banks turn away
    Facing credit regulations stemming from 2008's financial crisis, banks are turning away a growing class of investors and new lenders are cropping up at the national level to tap underserved demand from individuals looking to break into the single-family rental and multifamily investment space.
    Read More