Reven Housing REIT, Inc. Acquires 27 Additional Single-Family Homes in Oklahoma City
03 Enero 2019 - 6:00AM
Business Wire
Reven Housing REIT, Inc. (the “Company”, “Reven”) (NASDAQ:
RVEN), an owner and operator of single-family residential
properties, today announced that it has successfully closed on the
acquisition of an additional 27 single family homes in the Oklahoma
City, Oklahoma metropolitan area on December 28, 2018.
The purchase price for the 27 homes was approximately $5.75M
million, exclusive of closing costs. The Company funded the
purchase on an all cash basis.
Chad Carpenter, Chief Executive Officer of Reven Housing,
commented, “Our second consecutive acquisition in the Oklahoma City
metropolitan market reinforces our belief that strong job growth
will increase the demand for affordable housing. This acquisition
brings the total number of homes in the Oklahoma City metropolitan
market to 116.”
About Reven Housing REIT, Inc.
Reven Housing REIT, Inc. (NASDAQ: RVEN) engages in the
acquisition and ownership of portfolios of occupied single-family
rental properties in the United States. Reven currently owns and
operates 965 single family rental properties in Alabama, Florida,
Georgia, Mississippi, Oklahoma, Tennessee and Texas.
For more information, please visit
http://www.revenhousingreit.com/.
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version on businesswire.com: https://www.businesswire.com/news/home/20190103005199/en/
Investor Relations:ICR, Inc.Evelyn Infurna,
203-682-8265evelyn.infurna@icrinc.com
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