SUBSCRIBERS

Ellington gets out of home rentals, sells all 900 houses for US$126m

Mon, Jan 05, 2015 - 5:50 AM

Washington

ELLINGTON Management Group is out of the rental-home business.

The investment firm, founded by Michael Vranos that specialises in mortgage-backed bonds, sold 900 houses to American Homes 4 Rent for about US$126 million, according to a Dec 31 statement from the real...

To continue reading

for full content

if you are a subscriber

Get our introductory offer at only

$0 .99*/month

Cancel anytime

*$0.99/month for first 3 months

$29.90/month for the next 9 months

Need help?

CALL +65 6388 3838 EMAIL btocs@sph.com.sg

OPERATING HOURS (+8 GMT) MON-FRI: 8:30AM-5:30PM

Register to read this article. Log in if you are already a subscriber. Register to read this article. Log in if you are already a subscriber. Please log in or subscribe to continue reading.