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Silver Bay Realty Trust: A Disaster Waiting To Happen
Josh Arnold • Wed, May 22 • 90 Comments
Q1 Results From The Silver Bay Realty REIT Experiment Still Leave Questions
Tim Plaehn • Wed, May 15 • 19 Comments
Silver Bay Stock Distribution Helps, But Not Enough To Buy
Stone Fox Capital • Sat, Apr 20 • 25 Comments
Market Data Shows Headwinds Against Profits For Silver Bay Realty Trust
Tim Plaehn • Sun, Apr 7 • 16 Comments
Silver Bay Realty Trust - A Business Model Doomed To Fail
Eric Hyder • Mon, Apr 1 • 26 Comments
Rent A House But Don't Own This Rental Stock Just Yet
Stone Fox Capital • Tue, Mar 5 • 33 Comments
Prospects For New REIT Silver Bay Realty Trust
Tim Plaehn • Tue, Jan 15 • 16 Comments
2 Brand New REITs That Have Strong Dividend Potential
Regarded Solutions • Mon, Jan 14 • 106 Comments
Examining Silver Bay Realty Trust Corp: Is Two Harbors Spin-Off A Buy?
Stephen Ryan • Mon, Dec 31, 2012 • 17 Comments
The Real Opportunity In The Two Harbors/Silver Bay IPO
James Shell • Thu, Dec 13, 2012 • 11 Comments
IPO Preview: Silver Bay Realty Trust
IPOdesktop • Thu, Dec 13, 2012 • 10 Comments

Silver Bay Realty Trust: A Disaster Waiting To Happen
Josh Arnold • Wed, May 22 • 90 Comments
Rent A House But Don't Own This Rental Stock Just Yet
Stone Fox Capital • Tue, Mar 5 • 33 Comments

Single-Family Housing REITs: Investors Will Be Deeply Disappointed With Income And Returns
Genesis Housing • Wed, Jun 5 • 29 Comments
3 Financial REITs With Recent Intensive Insider Buying
Markus Aarnio • Mon, May 27 • 11 Comments
The Sleeping Giant Awakes: Here Comes The Housing Recovery
Zoomie Brokers • Thu, May 23 • 32 Comments
10.9% Dividend Payer Two Harbors Is Expanding Its Horizons; It's A Buy
David White • Thu, May 16 • 16 Comments
IPO Preview: American Residential Properties
IPOdesktop • Wed, May 8 • 3 Comments
The Greatest Financial Mistake Of A Lifetime: Missing The Housing Rebound
Zoomie Brokers • Tue, May 7 • 36 Comments
Foreign Investment: A Stealthy Driver Of U.S. Real Estate
Zoomie Brokers • Wed, May 1 • 6 Comments
The Fed's Unintentional Superheating Of U.S. Real Estate
Zoomie Brokers • Tue, Apr 23 • 17 Comments
Best Places To Invest In U.S. Real Estate
Zoomie Brokers • Thu, Apr 11 • 5 Comments
It's Time To Take Profits In Great Dividend Payer Two Harbors Investment Corp.
David White • Wed, Mar 27 • 30 Comments
Sizing Up The Single Family Home Sector
Daniel Lauchheimer • Sun, Mar 17 • 10 Comments
3 Stocks With Recent Intensive Insider Buying
Markus Aarnio • Tue, Mar 12 • 7 Comments
The 'Yet-To-Be-Named' Real Estate Bubble
Pater Tenebrarum • Mon, Mar 4 • 7 Comments
Two Harbors Is Likely To Cut Its 2013 Dividend
Tucker Leppa • Tue, Feb 19 • 52 Comments
Is Two Harbors The Right Stock For Your Portfolio?
Efsinvestment • Fri, Feb 15 • 8 Comments
18.06% Dividend Payer Two Harbors Investment Will Pay A Big Special Too
David White • Fri, Feb 8 • 76 Comments
IPO Market Update And Outlook
IPO Candy • Wed, Jan 30
A Housing Recovery Investment, And A 15% Dividend Yield Opportunity
Todd Johnson • Mon, Jan 28 • 31 Comments
3 Stocks With Recent Intensive Insider Buying
Markus Aarnio • Wed, Dec 26, 2012 • 79 Comments
Must Read Information On Popular REITs For 2013
Paul Zimbardo • Mon, Dec 24, 2012 • 27 Comments

Silver Bay Realty Trust Corp. to Participate in Keefe, Bruyette and Woods 2013 Mortgage Finance Conference

Business Wire (May 28, 2013)
Silver Bay Realty Trust Corp. Reports First Quarter 2013 Financial Results

Business Wire (May 13, 2013)
Silver Bay Realty Trust Corp. Secures $200 Million Credit Facility

Business Wire (May 13, 2013)
Silver Bay Realty Trust Corp. Announces Earnings Release and Conference Call for First Quarter 2013 Financial Results

Business Wire (May 7, 2013)
Silver Bay Realty Trust Corp. Announces Addition to Russell 2000 Index

Business Wire (Apr 1, 2013)
Silver Bay Realty Trust Corp. Announces 2013 Annual Meeting of Stockholders

Business Wire (Mar 21, 2013)
Silver Bay Realty Trust Corp. Announces First Quarter 2013 Dividend of $0.01 per Share

Business Wire (Mar 21, 2013)
Silver Bay Realty Trust Corp. Announces Common Stock Distribution by Two Harbors Investment Corp.

Business Wire (Mar 18, 2013)
Silver Bay Realty Trust Corp. Reports Fourth Quarter 2012 Financial Results

Business Wire (Feb 28, 2013)
Silver Bay Realty Trust Corp. to Participate in Goldman Sachs Housing Finance Conference

Business Wire (Feb 26, 2013)
Silver Bay Realty Trust Corp. Announces Earnings Release and Conference Call for Fourth Quarter 2012 Financial Results

Business Wire (Feb 20, 2013)
Silver Bay Realty Trust Corp. Appoints Anh Huynh as Director of Investor Relations

Business Wire (Feb 11, 2013)
Silver Bay Realty Trust Corp.’s CEO David N. Miller to Participate at Zelman & Associates Single-Family Rental Forum

Business Wire (Jan 28, 2013)
Meet America's New Landlords: REITs

at CNBC.com (Jan 9, 2013)
Silver Bay Realty Trust Corp. Announces Closing of Over-Allotment Option

Business Wire (Jan 7, 2013)

SBY vs. ETF Alternatives

Company Description

Silver Bay Realty Trust Corp. is a newly organized Maryland corporation focused on the acquisition, renovation, leasing and management of single-family properties. We generate virtually all of our revenue by leasing our portfolio of single-family properties and, from this revenue, expect to pay... More

Sector: Financial

Industry: REIT - Residential

Country: United States

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| Earnings
| Dividends
| M&A
| On the move

Monday, June 17, 10:12 AM Deutsche Bank (DB) is leading a wave of big banks ramping up exposure to single-family housing by extending credit to Wall Street firms so they can buy up homes to turn them into rentals. The bank reportedly just lent another $1.5B to Blackstone (BX) after an earlier $2.1B line got used up. Wayne Hughes' American Homes 4 Rent has as much as a $1B line from Wells Fargo (WFC), and SilverBay Realty (SBY) just inked a $200M facility from Bank of America (BAC) and JPMorgan (JPM). 14 Comments [Financials]
Wednesday, June 5, 7:37 AM Turning single-family rentals from a mom-and-pop business into a Wall Street operation sounds like a good idea, but investor dollars say differently. Colony American Homes (CAHS, a spinoff of CLNY) postpones its IPO citing market conditions, reports the WSJ. The move comes amid the weak performance of recent IPOs American Residential Properties (ARPI) and Silver Bay Realty (SBY). 2 Comments [Financials]
Tuesday, June 4, 8:56 AM Reports of Wall Street being the gorilla in single-family rentals may be exaggerated, as Silver Bay Realty (SBY) - presenting at KBW (presentation) - notes institutional ownership is estimated at just 2-3% of the $2.2T industry. The company now owns more than 5K homes, having used its IPO proceeds to increase holdings by 52%. Anyone in the business knows it's tough finding one good deal a year. Several thousand in a few months? After a nice early post-IPO run, SBY is off 3.2% since going public. 1 Comment [Financials]
Tuesday, June 4, 8:48 AM "We're early in the credit cycle," says Colony Capital (CLNY), presenting at the KBW Mortgage Conference (presentation). "It's spotty," and mostly confined to the better locations, they say, responding to a question about the pace of new real estate development and price advances. Wall Street's jump (Colony, BX, SBY to name 3) into single-family home purchases has made it the gorilla in the market, but is Colony a seller now? Comment! [Financials]
Thursday, May 9, 12:51 PM Yet another single-family rental offering may be on the way as Starwood Property Trust (STWD) CEO Barry Sternlicht indicates on the earnings call (transcript) the company is considering a spinoff of its home business - currently 1,644 homes and 1,318 nonperforming mortgages. Starwood would join Sliver Bay (SBY), American Residential Properties (next Wednesday), and CLNY's Colony American Homes (no date yet). 1 Comment [Financials]
Thursday, May 9, 9:29 AM It's oft-assumed the exit strategy for Wall Street firms getting into the single-family rental business (BX, SBY, CLNY) is to form a REIT and sell to the public. Another possibility would have the shops sell the properties while providing financing to those who might not qualify for a conventional mortgage. Further, the loans could then be packaged and sold - the next wave of MBS. 1 Comment [Financials]
Tuesday, May 7, 4:34 PM More on Two Harbors (TWO) Q1 earnings: Book value/share of $11.19 vs. $11.54 on Dec. 31, but special dividend of Silver Bay (SBY) stock amounted to $1.01, so book value actually rose nicely. Closing stock price today of $11.59. Net interest spread of 2.9%, unchanged from Q4. Shares +3.5% AH. Earnings call tomorrow at 9 ET. (PR) 2 Comments [Earnings, Financials, On the Move]
Friday, May 3, 10:12 AM Another public player in the hot single-family rental sector is on the way as Colony American Homes (managed by Colony Capital CLNY) files for an IPO. Like Blackstone (BX) and like Silver Bay (SBY), Colony buys up swaths of troubled properties through auctions and short sales, fixes them up, and turns them into rentals. (S-11) 1 Comment [Financials]
Thursday, April 11, 5:36 PM After-hours top gainers, as of 5:15 p.m.: ASH +6%. NFLX +3%. TLAB +2%. PCYG +2%. HBI +2%.
After-hours top losers: HRS -7%. SBY -3%. JBHT -3%. KRO -2%. CMRX -2%. Comment! [On the Move]
Thursday, April 4, 8:18 AM More on the softening rental market (previous): National single-famly rents were up just 0.1% Y/Y, reports Trulia, and fell in some notable markets such as Las Vegas, Ft. Lauderdale, Orange County, and D.C. With everybody from Blackstone (BX), Colony Financial (CLNY), and Silver Bay (SBY) on down to our next-door neighbor rushing to convert formerly owner-occupied homes to rentals, it's not hard to see why. 1 Comment [U.S. Economy]
Thursday, March 28, 12:10 PM Two Harbors (TWO) trades down $0.91 to $12.65 as it goes ex-dividend for the distribution of stock in SilverBay Realty (SBY +4%) to shareholders. SilverBay's big move higher today (equivalent to a dollar for every share received), already puts owners ahead on the transaction. 2 Comments [Financials]
Monday, March 25, 4:16 PM Two Harbors Investment (TWO) owners of record on April 2 will receive approximately 0.049 shares (about $0.9325 worth at today's closing price) of Silver Bay Realty (SBY) common stock for each share of Two Harbors common they own. The ex-dividend date is March 28 and the distribution will be made on or about April 24. (PR) 12 Comments [Financials, Breaking News]
Monday, March 25, 12:20 PM Nearly every home listed for less than $400K in Orange County, CA "is being pursued by institutional investor capital," says Jeff Pintar, himself an owner of 1.7K rental houses. It's now clear this massive wave of money is the gorilla in the low-medium end of housing markets around the country. Two recent pure-play spinoffs are SBY and RESI. The two most aggressive publicly-traded buyers are BX and CLNY. Look for plenty more IPOs and spinoffs in coming months. 2 Comments [Financials, U.S. Economy]
Thursday, March 21, 4:57 PM Silver Bay Realty Trust Corp (SBY) declares its first-ever quarterly dividend of $0.01/share. Forward yield 0.21%. For shareholders of record Apr. 01. Payable Apr. 12. Ex-div date Mar. 27. (PR) 4 Comments [Dividends]
Monday, March 18, 4:19 PM Two Harbors (TWO) announces a Q1 dividend of $0.32/share plus a special dividend in which spun off Silver Bay (SBY) stock will be distributed to shareholders of record as of April 2. The company also commences a secondary offering of 50M shares, about one-sixth of the current float. Shares -2.1% AH. Comment! [Financials, On the Move, Breaking News]
Thursday, February 28, 5:26 PM Silver Bay Realty Trust (SBY): Q4 EPS of -$0.04 misses by $0.01. Revenue of $2.79M misses by $4.2M. (PR) 1 Comment [Earnings, Breaking News]

SKS1586
Bought some $TRV, $VNR, $SBY, $NLY, $TWO, $DBD, $BBRY today
May 21, 7:19 PM
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NV_GARY
$SBY checked 'cost basis' for the SBY distribution (Scottrade) - it says average price is $17.2630/sh. Will be taxed in taxable accts.
Apr 29, 1:14 PM
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NV_GARY
$SBY So far no nose dive post distribution.
Apr 25, 2:40 PM
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NV_GARY
$SBY is added to the Russell 2000 and drops over 4%?? Any thoughts? Worries about volatility with 'wild' trading?
Apr 1, 12:40 PM
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Chris DeMuth Jr.
Any thoughts regarding $SBY as a takeover candidate?
Mar 28, 6:10 PM
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ValGal: I certainly do not think it is another GKK . . . what is your opinion?
Apr 1, 6:06 PM
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Chris DeMuth Jr.: That sounds about right; thanks.
Apr 1, 6:08 PM
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Patrick Harden
Think $TWO shareholders are somewhat disappointed by the paltry $0.01 dividend from $SBY? Gonna take $SBY a while to ramp up dividend.
Mar 21, 5:05 PM
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DaLatin: I'm ok & share price creeped back up. Didn't close on high,but, aok 4 me.
Mar 21, 5:37 PM
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Stone Fox Capital
$SBY announces a $0.01 divy... why bother?
Mar 21, 4:36 PM
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DaLatin: If you own TWO it's no bother >
Mar 21, 6:06 PM
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LATEST REPLIES

Chris DeMuth Jr.
Any thoughts regarding $SBY as a takeover candidate?
Mar 28, 6:10 PM
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ValGal: I certainly do not think it is another GKK . . . what is your opinion?
Apr 1, 6:06 PM
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Chris DeMuth Jr.: That sounds about right; thanks.
Apr 1, 6:08 PM
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Stone Fox Capital
$SBY announces a $0.01 divy... why bother?
Mar 21, 4:36 PM
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DaLatin: If you own TWO it's no bother >
Mar 21, 6:06 PM
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Patrick Harden
Think $TWO shareholders are somewhat disappointed by the paltry $0.01 dividend from $SBY? Gonna take $SBY a while to ramp up dividend.
Mar 21, 5:05 PM
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DaLatin: I'm ok & share price creeped back up. Didn't close on high,but, aok 4 me.
Mar 21, 5:37 PM
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SBY Silver Bay Realty Trust Corp.

SBY

Silver Bay Realty Trust Corp.