2018-11-01 Big Single-Family Landlord to Spend $1 Billion on Home-Flipping | By: Brad Beckett
Big Single-Family Landlord to Spend $1 Billion on Home-Flippingby Brad BeckettBloomberg is reporting that Amherst Holdings, one of the largest single-family landlords in the U.S., plans to invest more than $1 billion next year in an effort to to purchase, renovate and resell properties to reportedly simplify the consumer experience of buying a home. Currently Amherstowns or manages around 20k single-family rentals. The new venture was called Bungalo Technologies, LLC and was launched last month in Texas and Florida.Click here to read the full story on Bloomberg.com.