Items Tagged with 'Amherst Holdings'

ARTICLES

  • Altisource Residential boosts single-family rental portfolio with $305.1M deal with Amherst

    Acquisition of 1,957 homes pushes total portfolio to more than 12,000
    Earlier this year, Altisource Residential grew its portfolio of single-family rental homes to more than 10,000, thanks to the second part of a three-part deal with Amherst Holdings. Now, the two companies have completed the third part of that agreement, with a $305.1 million deal that pushes Altisource's portfolio to more than 12,000 properties.
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  • Amherst Holdings boosts single-family rental portfolio in $153.4 million deal

    Acquires 1,523 properties from Tricon American Homes
    Amherst Holdings, which has recently been selling single-family rental homes out of its portfolio to Altisource Residential, announced this week that its single-family residential platform completed an acquisition of rental properties that pushes its total portfolio to approximately 16,000 homes.
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  • From HW Magazine

    The case for innovation in housing

    For the last 30 years, transaction costs have grown at a faster pace than inflation
    In many markets, housing built before 1978 is loaded with environmental issues, code violations and sub-standard amenities. In many cases these homes are truly crumbling and this aged stock has not been properly supplemented post-crisis. We estimate that between 2 and 5 million new homes are missing from the market, due to a lack of development capital and mortgage credit.
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  • Altisource Residential growing single-family rental business again

    Signs agreement to acquire up to 3,500 rental properties
    Last year, Altisource Residential doubled its portfolio of single-family rental homes in one deal, buying a portfolio of 4,262 single-family rental properties for $652.3 million from “investment funds sponsored by Amherst Holdings.” And Friday, the company announced that it is growing its single-family rental portfolio again, in another deal with Amherst Holdings affiliates.
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  • Amherst Holdings names Andrew Flahive president, single-family residential capital

    Tasked with leading exploration into new investment opportunities
    In this newly created position, Flahive will be responsible for leading Amherst's initiative to design and implement debt and equity financing strategies for its rapidly growing single-family rental business. Flahive will oversee all debt and equity capital markets activity sponsored by Amherst affiliates.
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  • BNY Mellon and Amherst form new real estate credit company

    Amherst Capital Management will focus on “direct lending opportunities”
    Bank of New York Mellon is partnering with Amherst Holdings to launch a new company that will focus on real estate credit management. According to the companies, BNY Mellon and Texas Treasury Safekeeping Trust Company have made “significant capital commitments” to the new company.
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  • Amherst Goes International

    Austin-based Amherst Holdings, a financial services provider to mortgage-related investors, recently got a taste for international investments. And the flavor of the day is Chinese. The company unveiled its new Hong Kong subsidiary -- and first international venture -- Amherst International, which will facilitate business throughout Asia using Amherst's knowledge of fixed-income strategies and residential mortgage-backed securities in particular.
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