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Progress Residential is the second largest owner of single-family rental homes in the United States. It is owned by Pretium Partners, a private equity firm.. As of late 2022, Progress Residential owned 85,000 homes, the second largest owner of single-family rental homes in the US after Invitation Homes.
In 2012, Pretium raised $1.2 billion for its first residential real estate fund named Progress Residential, L.P which was used to buy more than 16,500 homes at big discounts. The fund would fund the establishment of the company Progress Residential, which acts as a single-family rental (SFR) management services platform. [2] [4] [5] [6]
As of 2017, the company was reportedly the largest owner of single-family rental homes in the United States. [2] As of December 2022, the company owned about 83,000 rental homes in 16 markets. [3] The Wall Street Journal described Invitation Homes as competing "at the high end of the rental market". Tenants are typically in their late-30s with ...
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American Homes 4 Rent, doing business as AMH, is a real estate investment trust based in Las Vegas, Nevada, that invests in single-family rental homes. As of December 31, 2019, the company owned 52,552 homes in 22 states.
Firefighters are making progress, officials said, but residents must be ready for a return of powerful winds that could spread flames. ... motel and rental housing in Los Angeles County to March 8 ...
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