Renters Warehouse buying OwnAmerica to expand single-family rental business
December 04, 2018 / Ben Lane
Renters Warehouse, a property management company that specializes in managing single-family rentals, is set to grow its SFR business, as the company announced Tuesday that it is acquiring OwnAmerica, one of the country’s largest investment marketplaces for single-family rentals. Through the acquisition, Renters Warehouse will become a platform for investors to buy and sell single-family rentals, in addition to the company’s existing property management offerings. According to the companies, they reached definitive terms and signed agreements on the acquisition, which is expected to close Jan. 1, 2019.