Premium Point raising cash for rental fund

rental house
By Ryan Bolger
30 Apr 2015

Premium Point Investments is raising capital for a private equity fund to purchase single-family rental properties from affiliate Residential Capital Management, sources familiar with the plans told GlobalCapital.

The asset manager is marketing investment opportunities in single-family rental properties in small southeastern cities that remain largely untapped compared with those in western locales that were purchased at foreclosure auctions by a group of private equity buyers a few years ago.

Many of those earlier buyers ...

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