Congress’ $2 trillion relief package is a strong first step towards restarting an economy devastated by COVID-19. Unfortunately, millions of Americans who rent their homes still need help.
In the aftermath of the recent Tennessee tornadoes, the National Rental Home Council (NRHC) shared the following update on the preparedness and response efforts undertaken by member companies, owners and operators of single-family rental homes, and the vendors and service providers that support our industry.
In recent years, the explosive growth of the single-family rental home market has attracted widespread attention from the public, the media, and policymakers alike.
On Wednesday, February 26, 2020, Dallas Tanner, CEO, Invitation Homes and David Howard, Executive Director, NRHC, met with HUD Secretary Ben Carson to discuss the state of the SFR industry, and HUD’s role in SFR and the overall housing market.
Dallas-based Invitation Homes has become the largest institutional owner of single-family rental houses in the country, including about 2,000 in North Texas. While it’s a niche that’s stayed mostly under the radar, renting out single-family homes became a lucrative new class of investment following the Great Recession. Read more.
By Taylor Street. RALEIGH – FilterEasy, an automated air filter delivery company, is removing the hassle from homeowners when it comes to air filters and corresponding maintenance.
By Mark Heschmeyer. Altisource Residential Corp. (NYSE:RESI) acquired 1,957 single family rental properties from Amherst Holdings for $305.1 million or about $155,900/home.
By Brian Croce. In March, Amherst Holdings announced that its Single Family Residential Platform would sell up to 3,500 single family rental properties to Altisource Residential.
By Nicole Casperson. HouseCanary recently announced it has expanded its Agile Appraisal Management Platform further through partnerships with appraisal management company AXIS Appraisal Management Solutions and Mercury Network.