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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-Flipping
by Brad Beckett

Bloomberg 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.

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