Altisource Completes $106.5 Million Property Purchase from Amherst

April 3, 2017 brianhonea

This is Amherst’s second transaction with Altisource Residential. Amherst and Altisource Residential have agreed to transact on up to an additional 2,750 single family rental properties in 2017. Under the terms of the agreement, Altisource Residential has purchased a 100 percent equity interest in the portfolio, and Amherst sponsored entities are providing seller financing equal to 75 percent of the sale price.

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