Front Yard Residential Acquires Property Manager

Front Yard Residential Corp. announced that it has acquired property manager HavenBrook Partners along with a portfolio of 3,236 properties managed by HavenBrook. The move expands Front Yard’s single-family rental portfolio to approximately 15,000 units and strengthens the firm’s presence in existing strategic target markets, including Alabama, Florida, Georgia, and Minnesota. In addition, the acquisition of HavenBrook provides Front Yard (NYSE: RESI) with an internal property manager.

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Source:  Housing Finance