When Altisource Residential said last year that it planned to grow its portfolio of single-family rental homes by 900% – from 2,516 to more than 25,000 – over the next few years, the company apparently wasn’t kidding. Altisource said Friday that it is buying a portfolio of 4,262 single-family rental properties for an aggregate purchase price of $652.3 million, a deal that more than doubles Altisource’s rental holdings. http://www.housingwire.com/articles/38186-altisource-residential-doubles-single-family-rental-portfolio-with-652-million-deal ❤️ #share #mortgage
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