SFR

The company finances all-cash offers for prospective homebuyers and buyers seeking to an upgrade.

Contract closings increased 2 percent from the month prior in July, to a four-month high, according to the National Association of Realtors.

The company, which is rapidly accelerating the number of homes it purchases, plans to use the proceeds to help increase acquisitions.

Strong demand from millennials and an undersupply of rental homes underscores the potential for long-term rent growth.

Landis Technologies caters to would-be homeowners who can’t afford to buy by purchases houses and renting them out until the renters qualify for a mortgage.

Investors bought nearly 68,000 homes in the second quarter, the most since at least 2000, according to Redfin Corp.

Tricon Residential is teaming up with the Teacher Retirement System of Texas, Pacific Life Insurance and a third institution for an SFR joint venture.