Reven Housing Acquires 38-Property Portfolio in Atlanta

ATLANTA — Reven Housing REIT Inc., a California-based investment firm, has acquired 38 properties in the Atlanta metro area. Most of the properties are three-bedroom, two-bathroom multifamily assets, averaging about 1,439 square feet per unit. Reven Housing (NASDAQ: RVEN) is a publicly traded REIT. The company paid approximately $2.7 million in cash, exclusive of closing costs, for the portfolio

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