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Top related persons:
— - 1 AMH - 1 Jon Olsen - 1 execs - 1 Dallas Tanner - 1 Tanner - 1 Gary Beasley - 1 Roofstock - 1
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Attom - 1 Wall - 1 Blackstone - 1 Invitation Homes - 1 SFR - 1 Invitation - 1 MLS - 1 Homes - 1

Search resuls for: "Dave Singelyn"


2 mentions found


☆ Wall Street landlords are selling homes back to Main Street. Here's what it might mean for runaway housing prices.
  + stars: | 2023-08-03 | by ( Alex Nicoll | ) www.businessinsider.com   time to read: +8 min
The companies — Invitation Homes and AMH — have already sold 1003 homes this year, through July, to non-corporate buyers, according to Insider's analysis of data from real estate tracker Attom Data. The group, which has included Wall Street firms like Blackstone (which spun off Invitation Homes), has been blamed for exacerbating the housing shortage that has pushed real-estate prices sky-high. One exception might be in 2019 when Invitation Homes sold 785 homes to non-corporate buyers, versus 225 sales through July of this year. The lack of housing supply, which has kept prices high even as mortgage rates rise, makes selling homes in markets that cost more to operate rentals a profitable play. In reporting earnings last week, Invitation Homes increased its core revenue guidance for the rest half of the year because its rent prices actually outperformed expectations.
Persons: —, AMH, Jon Olsen, execs, Dallas Tanner, Tanner, Gary Beasley, Roofstock, Beasley, He's, Dave Singelyn, Singelyn Organizations: Attom, Wall, Blackstone, Invitation Homes, SFR, Invitation, MLS, Homes, Sun, Wall Street, Homeowners, Seller Services Locations: SFR, New York City, America
☆ A big landlord who controls 60,000 homes is funneling money into a political action group that could urge lawmakers to curb renter protections
  + stars: | 2023-03-02 | by ( Alex Nicoll | ) www.businessinsider.com   time to read: +5 min
Corporate owners of US rental homes are being scrutinized for making homes unaffordable. The landlords that control thousands of homes are girding for a political fight over regulation. As tenant advocates met with the White House and pushed the Biden administration to take action on high housing costs in November, one of America's largest single-family landlords was preparing its own move. AMH, formerly known as American Homes 4 Rent, did not respond to an Insider request for comment. Companies like AMH, Pretium Partners, and Invitation Homes have been building large portfolios of homes across the country since the last financial crisis.
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