Amherst Holdings LLC, which owns or manages about 20,000 single-family rentals, is launching a subsidiary to purchase, renovate and resell properties, combining the home-flipping business with new features to simplify the consumer experience of...
Unlike traditional real estate funds, which call for managers to return money to investors after a set period of time, Cerberus is raising an evergreen fund without a target date for returning capital.
Arizona dominated the list with eight of the top 20 markets coming in that state.
The median price of an existing single-family house, at $276,900, was much higher in June 2018 than it was the year before, according to the National Association of Realtors.
Pretium Partners LLC closed on its second single-family rental fund with more than $1 billion in equity commitments.
Moderate-cost house construction is restrained by rising building costs.
Developers built more than 36,000 houses for rent in 2017. That’s 6 percent more than the year before and the largest number of “build-to-rent” houses completed in any year for at least the last 14 years.
Point Digital Finance Inc. lends capital to people and receives partial ownership in their homes in return.
