Not long ago having no pure-plays on the single-family rental business, investors now have two. Spun off from Altisource Portfolio Solutions (ASPS) is Altisource Residential (RESI), +17% in a month. Spun off at the same time from Two Harbors (TWO), Silver Bay (SBY), +16% in a month. Both will presumably announce initial dividends soon.
Not long ago having no pure-plays on the single-family rental business, investors now have two....
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