Soares dos Reis National Museum

MADISON INTERNATIONAL REALTY TO COMMIT UP TO $150 MILLION IN STRATEGIC GROWTH CAPITAL TO REI NATION, A LEADING SINGLE FAMILY RENTAL OPERATOR / MANAGER

Retrieved on: 
Wednesday, August 2, 2023
REI, MIR, Clothier, Dislocation, Growth, Soares dos Reis National Museum, SFR, Financial services, Turnkey

NEW YORK, Aug. 2, 2023 /PRNewswire/ -- Madison International Realty , a leading real estate private equity firm, today announced it has agreed to commit up to $150 million in strategic growth capital to REI Nation , a vertically integrated single family rental (SFR) operator with over 7,600 homes under management.

Key Points: 
  • NEW YORK, Aug. 2, 2023 /PRNewswire/ -- Madison International Realty , a leading real estate private equity firm, today announced it has agreed to commit up to $150 million in strategic growth capital to REI Nation , a vertically integrated single family rental (SFR) operator with over 7,600 homes under management.
  • Madison believes the REI Nation equity stake will allow both firms to pursue exciting opportunities in the SFR market.
  • A privately held company, REI Nation has a 20-year track record of operating in the SFR space.
  • Madison also provides equity solutions to real estate platforms seeking to retain assets, grow portfolios and/or raise capital more efficiently.

A Hero's Home and Operation Homefront to Donate Mortgage-Free Home to a Veteran Family in Memphis

Retrieved on: 
Thursday, August 25, 2022
CEO, Program, Volunteering, Soares dos Reis National Museum, Hero, PHV, Operation Homefront, REI, Family, Real estate, Health insurance, Veteran

MEMPHIS, Tenn., Aug. 25, 2022 /PRNewswire-PRWeb/ -- A Hero's Home, Inc., a charitable nonprofit founded by real estate investors in the U.S., and Operation Homefront, a national nonprofit serving America's military families, today announced they will award a mortgage-free home to a veteran family in Memphis, Tenn., and prepare them to become successful homeowners. The home will be fully renovated by REI Nation, one of the largest turnkey real estate companies in the U.S.

Key Points: 
  • "It's so gratifying to be able to award this home to a deserving veteran," said Jay Hinrichs, founding member of A Hero's Home.
  • The home is featured on the Operation Homefront website with the opportunity for eligible veterans to apply to receive the home .
  • Operation Homefront provides critical financial assistance, transitional and permanent housing, and family support services to prevent short-term needs from turning into chronic, long-term struggles.
  • Thanks to the generosity of our donors and the support from thousands of volunteers, Operation Homefront proudly serves America's military families.

REI Nation Reports Increases in Key Metrics for the Company and its Single-Family Rental Investors

Retrieved on: 
Wednesday, July 13, 2022
Residential Building & Real Estate, Construction & Property, Professional Services, Finance, ROI, City, REI, Soares dos Reis National Museum, Housing, Industry, Length of stay, Renting, Real estate, Property management

During the first half of the year, the company paid its single-family rental investors more than $42 million in net rental income, a year-over-year increase of 19%.

Key Points: 
  • During the first half of the year, the company paid its single-family rental investors more than $42 million in net rental income, a year-over-year increase of 19%.
  • By year-end 2022, REI Nation expects its net rental income payments to top $80 million, a year-over-year increase of 9.9%.
  • The average cost of a single-family rental among REI Nation investors is currently $228,000 compared to July of 2021 when the average cost was $190,000.
  • REI Nation continues its push into new-build rental construction which is gaining in popularity across the country to combat historically low housing inventory.

REI Nation Raises $16M in Private Investment

Retrieved on: 
Wednesday, November 10, 2021
Residential Building & Real Estate, Construction & Property, REIT, ROI, Time, Soares dos Reis National Museum, Industry, Growth, REI, Real estate, Renting

REI Nation , one of the largest turnkey real estate investment companies in the U.S., today announced it has closed on a $16M funding round and surpassed 7,000 properties under management in 13 markets.

Key Points: 
  • REI Nation , one of the largest turnkey real estate investment companies in the U.S., today announced it has closed on a $16M funding round and surpassed 7,000 properties under management in 13 markets.
  • REI Nation connects investors with single-family rental properties, upgrades the homes for maximum rental income, secures the renters, and provides ongoing property management.
  • As of Q3 2021, REI Nation has more than 7,000 properties under management, a year-over-year increase of 15%.
  • REI Nation works with property owners from across the globe who invest in single-family rental properties as a passive income stream.

REI Nation Expands Property Management Services and Adds Nashville and Austin to Its Footprint

Retrieved on: 
Tuesday, September 14, 2021
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Soares dos Reis National Museum, Investment, Time, Growth, REI, ROI, Length of stay, Property management

REI Nation , the largest turnkey real estate investment company in the U.S., today announced it is expanding its property management services across its existing 11 markets and adding Austin and Nashville to its footprint.

Key Points: 
  • REI Nation , the largest turnkey real estate investment company in the U.S., today announced it is expanding its property management services across its existing 11 markets and adding Austin and Nashville to its footprint.
  • The companys property management division, Premier Property Management Group, which was established to support REI Nation owner-investors, will now offer its services to any owners of single-family rental properties, regardless of their affiliation with REI Nation.
  • The move to expand property management services is in direct response to increasing demand from single-family rental property owners.
  • As part of its complete turnkey services for remote real estate investing, REI Nation connects investors with single-family rental properties, upgrades the homes for maximum rental income, secures the renters, and provides ongoing property management.