Page 7 - Progress Residential News Today

Large investment firms are pushing homeownership out of reach for many first-time buyers, an Atlanta Journal-Constitution investigation has found. Single-family houses have been snatched up in the thousands by private equity firms and publicly traded companies, converted into rental properties and bundled into complex investment vehicles.

Two hydrogen atoms meet. One says, “I've lost my electron.” The other asks, “Are you sure?” The first replies, “Yes, I'm positive.” (Yes, its cutting-edge humor like this that keeps you coming back.) Do positive thoughts matter? Houston’s Norina and Ramon Navarro think so. Thinking positive thoughts about the housing inventory in the United States probably won’t help, and I am hearing renewed stories about a lack of inventor...

Melanie Gersper was named managing director-asset management at Pretium Partners.

Buying a home is more out of reach than ever. But a new investing trend could spell trouble.

Institutional investors may control 40% of single-family rental homes in the United States by 2030, according to MetLife Investment Management. And a

Home purchases by investors dropped 45.8% year over year in the fourth quarter and declined 27% from the third quarter.

Los Angeles is also ordering a study of city-owned vacant buildings.

/PRNewswire/ -- Pretium, a specialized investment firm with more than $50 billion in assets under management, today released the following letter sent by Don...

/PRNewswire/ -- Crescent Communities and Pretium are pleased to announce leasing will begin soon at HARMON Five Points, the fourth build-to-rent (BTR)...

The Minneapolis City Council signed a set of conditions that Progress Residential — formerly known as HavenBrook Homes — must adhere to to maintain its rental license in the city.