Altisource acquires RentRange and Investability to serve SFR market.

PositionNEWS ROOM

Altisource Portfolio Solutions SA, Luxembourg, announced it has acquired two firms that will broaden its offerings in the rental-home market space. The company purchased RentRange and Investability to complement its current set of services and solutions for investors and operators of single-family rental (SFR) properties.

RentRange provides rental-home data and information to both the financial services and real estate industries for both single-family and multifamily properties. The company provides address-and geography-level data and analytics to help arrive at rent-based valuations for rental properties.

Investability is an online residential real estate search and acquisition platform. It helps investors arrive at an estimated cash flow, capitalization rate, net yield and market value for properties for sale.

The two purchases together will help expand on Altisource's offerings for buyers of real estate for investment purposes by providing highly accurate pricing information based on rental income potential.

"These acquisitions squarely support our real estate and...

To continue reading

FREE SIGN UP