December 13, 2024

The real estate investment platform backed by Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos has continued ramping up its acquisitions of single-family rental homes in several U.S. markets.
Arrived Homes acquires single-family homes to use as rental properties, then sells shares of these properties to investors through its online platform. The demand for rental property shares has grown exponentially so far in 2022, with more homes funded in July than the entire first quarter.
The company has investment properties in 19 of the top 100 cities for population growth in the U.S. and estimates that it will expand to 40 of the top 100 cities by the end of the year. Most recently, Arrived Homes expanded into Nashville, Cincinnati and Indianapolis.
The investment platform is now able to take advantage of the cooling-down period in the housing market to ramp up its purchases at a time when a growing number of investors are looking for alternative investment options outside of the stock market.
Arrived is the first SEC-qualified real estate investing platform that allows virtually anyone to buy shares in single-family rental properties with investment amounts ranging from $100 to $10,000 per property.
The company acquires rental homes and allows individual investors to become owners of the properties by purchasing shares through the platform. Arrived Homes manages the assets, while investors collect passive income through quarterly dividends in addition to earning a return through appreciation.
The company quickly gained the attention of several high-profile investors during its seed round in 2021, getting investments from Jeff Bezos, through Bezos Expeditions, Salesforce.com Inc (NYSE: CRM) founder Marc Benioff through Time Ventures, former Zillow Group Inc (NASDAQ: Z) CEO Spencer Rascoff and Uber Technologies Inc (NYSE: UBER) CEO Dara Khosrowshahi.
Bezos later followed up on that investment during Arrived Homes’ $25 million series A round earlier this year, making a second investment in the real estate investing platform.
Investors have a growing appetite for single-family homes, which is no surprise considering that the average rent in the U.S. has increased by an average of 16.4% in the past 12 months and as high as 32% in markets like Miami over the same period.
While the housing market is beginning to cool down in certain areas, homeownership is becoming even less affordable as higher interest rates are adding to the overall cost of buying a home. This is likely to continue adding strain to the supply of rental units, resulting in further rental rate increases.
Find real estate investment offerings from companies like Arrived Homes with Benzinga’s Offering Screener and filter investment opportunities based on your criteria.
Photo: Courtesy of Arrived Homes
Original publication: July 26, 2022
See more from Benzinga
Vacation Rental Investment Platform Fully Funds Over $2.2 Million Worth of Properties in Just One Day
Jeff Bezos Double Dips On His Airbnb Play
Don’t miss real-time alerts on your stocks – join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Yahoo Finance's Ines Ferré discusses how AMC's new APE shares are affecting meme stocks on Monday.
The Dow Jones took a dive as indexes fell. Tesla stock slipped after an Elon Musk move. AMC stock plunged. Bitcoin fell.
Jim Cramer is a lightning rod when it comes to scrutiny. On one hand, giving investing advice every day on air for years is naturally going to produce some losing picks. However, Cramer has become the focal point of a lot of targeted opposition. For instance, you can check out his ongoing (albeit one-sided) feud with George Noble, who is quick to call out Cramer. Or, you could check out the Journal of Retirement’s in-depth study of Cramer’s Charitable Trust performance and see that “Cramer’s por
In this article, we discuss 10 stocks that Warren Buffett is not giving up on despite losses. If you want to see more stocks in this selection, Warren Buffett Is Not Giving Up on These 5 Stocks Despite Losses. Warren Buffett, the legendary billionaire heading Berkshire Hathaway, has always stressed upon the importance of buying […]
Inflation is still near multi-decade highs. Mr. Wonderful is using these stocks to fight back.
What to make of the markets today? While last week ended on a down note, we’re still looking at a general rally trend, with year-to-date losses being heavily moderated and the major indexes having climbed out of bear territory. The key point for now, as it has been so often this year, is volatility. Covering the markets for JPMorgan, global market strategist Marko Kolanovic tells investors to take advantage of down days and buy the dips. “Buying on weakness so far yielded positive returns and ha
(Bloomberg) — Last year, five US professors opened two brokerage accounts and placed identical orders to test an algorithm. The next day, one was down by $150. The other was up $12.Most Read from BloombergStocks Knocked Down as Torrid Rally Hits a Wall: Markets WrapCredit Suisse Investment Bankers Are Bracing for Brutal CutbacksWall Street Bears Take Revenge After a $7 Trillion RallyHome Sellers Are Slashing Prices in Pandemic BoomtownsPimco Is Among Bondholders Calling an End to Low-Inflation
Yahoo Finance Live anchors discuss stock performance for OXY after reports suggest Warren Buffett will not acquire a controlling stake in the stock.
Dow Jones futures were higher after Monday's stock market plunge ahead of Fed chief Powell's speech from Jackson Hole on Friday.
Argosy Investors, an investment management company, recently released its second-quarter 2022 investor letter. A copy of the same can be downloaded here. Year to date, the fund returned -25.4% in select accounts compared to -20% for the S&P 500. The main reason for the fund’s underperformance was the poor performance of its most significant holdings. For […]
It looks like a “bear trap” may be lurking in this summer’s big bounce for the stock market, one that could lead to painful losses for investors, Glenmede strategists warned in a Monday report. Investors already appear to be reconsidering some factors of this summer’s powerful rebound, including rethinking hopes that the Federal Reserve may not hike interest rates as aggressively as previously thought. The S&P 500 index (SPX) has been hitting resistance after gaining nearly 17% from its mid-June low, and focus lately has turned to whether recent gains for equities could quickly fizzle, confirming a bear-market bounce.
Investors gained a new appreciation for S&P 500 dividend stocks this year. But few investors love dividends as much as some.
In this article, we will take a look at the 10 stocks that were recently downgraded by analysts. If you want to see some other stocks receiving downgrades, go directly to Analysts Are Downgrading These 5 Stocks. Despite a strong upswing seen recently in late-July, U.S. stocks were subdued at the start of August, amid […]
"The value of your AMC investment will be the combination of your AMC shares and your new APE units," said CEO Adam Aron.
Don’t suffer through the downturn. Take advantage of it, instead.
Since Tesla started up, the electric-vehicle leader has faced hedge funds betting that it would fail.
Some investors will be getting a bit of money back soon, the result of a big settlement between financial firm Vanguard and the Massachusetts Secretary of State. The $6.25 million settlement has to do with allegations that the firm failed … Continue reading → The post Does Vanguard Owe You Money? It's Paying Investors Millions appeared first on SmartAsset Blog.
Many growth stocks have fallen out of favor this year as rising interest rates and other macro headwinds have driven investors toward cheaper value plays. If you've got $3,000 to invest, you could buy a few shares of promising growth stocks CrowdStrike (NASDAQ: CRWD), AMD (NASDAQ: AMD), and Meta Platforms (NASDAQ: META) and there's a chance they will double within a few years. To address those issues, a new generation of cybersecurity players challenged the industry leaders with subscription-based cloud services that don't require any on-site appliances.
Yahoo Finance reporter Ines Ferre breaks down Monday's market action, with stocks closing at the lows of the session.
(Bloomberg) — Revlon Inc. told the judge overseeing the cosmetics giant’s bankruptcy that shareholders don’t need a special, company-funded committee to represent them in the Chapter 11 case because there is no evidence the equity is worth anything.Most Read from BloombergStocks Knocked Down as Torrid Rally Hits a Wall: Markets WrapCredit Suisse Investment Bankers Are Bracing for Brutal CutbacksWall Street Bears Take Revenge After a $7 Trillion RallyHome Sellers Are Slashing Prices in Pandemic

source

About Author