Bezos-backed real estate startup Arrived raises $27M to help fuel new ‘stock market’ for rental properties

COO Alejandro Chouza, CEO Ryan Frazier, and CTO Kenny Cason. (Arrived Photo) Arrived, a Seattle-based tech startup that ...
National Mortgage Professional

Angel Oak Brings DSCR Rent Calculations To Prequal

Non-bank wholesale and correspondent Non-QM lender Angel Oak Mortgage Solutions LLC has announced an enhancement to its debt ...
HousingWire

First American launches monthly rent automated valuation model

First American Data & Analytics has released an automated valuation model that estimates monthly rent for residential properties nationwide. The product — called Procision Rental AVM — updates daily ...
Bisnow

Not All Short-Term Rental Companies Will Weather The Pandemic Recession Like Airbnb

Some companies founded in the previous growth cycle have built their portfolio of rooms by leasing blocks of apartments from multifamily landlords, furnishing and managing those rooms for stays ...
Bisnow

Transcendent Electra Picks Up 3,500 Rental Homes In $1.25B Deal

Private equity firm Transcendent Electra announced Wednesday that it will be adding about 3,500 single-family homes and townhomes to its existing portfolio of rental homes in a $1.25B acquisition. The ...
USA Today

Renting homes is overtaking the housing market. Here’s why

Single-family rentals — either detached homes or townhomes — are developing faster than any other portion of the housing market. These rentals outpace both single-family home purchases and ...
WHYY

33 affordable rental homes named for Point Breeze hero Mamie Nichols break ground

Rochelle Nichols-Solomon, daughter of the late community organizer Mamie Nichols, stood at the townhomes’ groundbreaking, named after her mother, and spoke directly to the crowd. “If she were here ...