Items Tagged with 'single-family rentals'

ARTICLES

  • 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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  • 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.
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  • 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.
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  • 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.
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  • From HW Magazine

    SFR scales up

    With homeownership out of reach for many, single-family rentals continue to boom
    Single-family rental homes have long been an important piece of the housing economy and in recent years have taken on new importance. Following the housing crisis, more Americans and their families are choosing to rent and have decided that a single-family home is the best option to fit their needs.
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  • Redwood Trust inks deal with 5 Arches to grow single-family rental loan business

    Buying minority interest in investor-focused originator
    Redwood Trust, a real estate investment trust that specializes in buying and securitizing jumbo mortgages, is set to expand into investor-focused loans thanks to a new deal with 5 Arches. Under the deal, Redwood Trust is buying 20% of 5 Arches, an originator and asset manager of investor-focused loans, including loans for single-family rental homes, multifamily bridge, and fix-and-flip residential real estate.
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