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In January 2022, Pretium and Indianapolis-based builder Onyx+East formed a $600 million joint venture to develop rental homes. [14] In December 2022, Pretium opened a new office in Miami Beach. [15] In September 2023, Jonathan Pruzan was hired as Pretium's president. He was previously the chief operating officer at Morgan Stanley. [16]
Tricon entered the U.S. single-family rental business in 2012 with Tricon American Homes, a wholly owned subsidiary of the company. [19] In 2017, Tricon bought the American real estate investment trust Silver Bay Realty for $1.4 billion. becoming the fourth largest publicly owned single-family rental company in the United States. [20] [21] [22 ...
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 ...
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.
Equity Residential was sued in a class action in 2017 due to allegations that it charged late payment fees in violation of California law. [20] [21]In 2022, the company agreed to pay approximately $2 million to settle a lawsuit filed by Attorney General for the District of Columbia Karl Racine alleging that the company offered misleading rent discounts on a rent-controlled building in ...
UMH Properties, Inc. (formerly United Mobile Homes Inc.) is a public equity real estate investment trust (REIT) that owns and operates a portfolio of 135 manufactured home communities with approximately 25,700 developed homesites. These communities are located in 12 states: New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan ...
Duke Realty was a real estate investment trust (REIT) based in Indianapolis, Indiana, that invested in industrial properties. [1] [2] As of December 31, 2021, it owned or jointly controlled 548 primarily industrial properties containing 162.7 million rentable square feet. [1] In October 2022, it was acquired by Prologis.
Riley Towers Riley Towers I and II in 2011 Former names James Whitcomb Riley Center, Towers at Riley Center General information Status Completed Type Residential apartments Location 225 E. North St. (Tower I) 600 N. Alabama St. (Tower II) 700 N. Alabama St. (Tower III) Indianapolis, Indiana 46204 Coordinates 39°46′30.5″N 86°9′10.2″W / 39.775139°N 86.152833°W / 39.775139 ...