Reven Housing REIT (RVEN) 5.60 $RVEN RVEN Close
Post# of 273254
RVEN Closes Minimum Public Offering
PR Newswire - Mon Aug 29, 12:39PM CDT
Reven Housing REIT, Inc. ("Reven" or the "Company" (NASDAQ: RVEN) today announced that it broke escrow on the minimum portion of its $25 million offering of common shares. The Company is conducting a direct public offering of a minimum of 3,001,500 shares and maximum of 5,000,000 shares of its common stock, at $5.00 per share. On August 26, 2016, the Company completed the sale of 3,079,281 shares of its common stock, and the offering escrow agent, US Bank, N.A., released to Reven $15,396,405 of offering proceeds.
RVEN: 5.60 (+0.03)
Reven Housing REIT Acquires 45 SFR Portfolio in Jacksonville, Florida
PR Newswire - Mon Oct 19, 5:15AM CDT
Reven Housing REIT, Inc. ("Reven" or the "Company" (OTCBB: RVEN) today announced that it has acquired a portfolio of 45 single-family homes in Jacksonville, Florida. The purchase price for the portfolios was approximately $3,057,000, exclusive of closing costs. The Company funded the purchase by utilizing proceeds from a new loan financing from Silvergate Bank in La Jolla, California with a total principal balance of $5,015,060. The acquired properties average 1,320 square feet and are mostly three-bedroom, two bath homes. Of the acquired properties, 38 are currently subject to one-year leases, five are subject to multi-year leases and two are subject to month-to-month leases.
RVEN: 5.60 (+0.03)
Reven Housing REIT launches public offering of USD28.8m common stock at USD5.75 per share
M2 - Thu Oct 01, 6:43AM CDT
Reven Housing REIT Inc (OTCBB:RVEN) said on Wednesday that it launched a public offering of its USD28.8m common stock with a proposed NASDAQ up-listing upon completion of the minimum offering of 500,000 shares and a maximum of 5,000,000 shares, at USD5.75 per share.
RVEN: 5.60 (+0.03)
Reven Housing REIT Announces a $28,750,000 Company Direct Public Offering
PR Newswire - Wed Sep 30, 3:35PM CDT
Reven Housing REIT, Inc. ("Reven" or the "Company" (OTCBB: RVEN) today announced that it has launched a $28,750,000 Company direct public offering with a proposed NASDAQ up-listing upon completion of the minimum offering. Reven is offering a minimum of 500,000 shares (the "minimum offering" and a maximum of 5,000,000 shares (the "maximum offering" of its common stock at $5.75 per share.
RVEN: 5.60 (+0.03)
Reven Housing REIT Acquires 73 More Homes in Florida
PR Newswire - Mon Mar 23, 3:35PM CDT
Reven Housing REIT, Inc. ("Reven" or the "Company" (OTCBB: RVEN) today announced that it has acquired three portfolios totaling 73 single-family homes in Jacksonville, Florida in February and March 2015. The aggregate purchase price for the three portfolios was $4,872,347, exclusive of closing costs. The Company also closed an additional loan in the amount of $3,526,985 from Silvergate bank in La Jolla, California on March 13, 2015. This brings the company's total amount financed to $15,049,125 from Silvergate. The acquired properties average 1,300 square feet and are mostly three-bedroom, one and a half bath homes. Of the acquired properties, 73 are currently subject to one-year leases.
RVEN: 5.60 (+0.03)
Reven Housing REIT Acquires Additional 74 Homes in Jacksonville, Florida and 2 in Memphis, Tennessee
PR Newswire - Fri Jan 09, 4:52PM CST
Reven Housing REIT, Inc. ("Reven" or the "Company" (OTCBB: RVEN) today announced that it has acquired 76 single-family homes in fifteen separate transactions in December 2014. The aggregate purchase price for all 76 homes was approximately $5,160,222, exclusive of closing costs. The Company funded 100% of the purchase with cash. The acquired properties average 1,300 square feet and are mostly three-bedroom, one and a half bath rooms. Of the acquired properties, 58 are currently subject to one-year leases, and 18 are month to month leases.
RVEN: 5.60 (+0.03)
Reven Housing REIT Assigned Temporary Ticker Symbol RVEND
PR Newswire - Fri Nov 07, 2:01PM CST
Reven Housing REIT, Inc. ("Reven" or the "Company" (OTCQB: RVEND) today announced the completion of a 1-for-20 reverse stock split of issued Reven common stock. Reven common stock has begun trading on a split-adjusted basis on the OTCQB market under the new temporary Ticker Symbol RVEND. RVEND is an assigned temporary symbol by FINRA and the D will be removed in 20 business days.
RVEN: 5.60 (+0.03)
Reven Housing REIT Effects Reverse Stock Split
PR Newswire - Thu Nov 06, 4:55PM CST
Reven Housing REIT, Inc. ("Reven" or the "Company" (OTCQB: RVEN) today announced the effectiveness of a 1-for-20 reverse stock split of issued Reven common stock. Reven common stock will begin trading on a split-adjusted basis on the OTCQB market at the opening of trading tomorrow, November 7, 2014.
RVEN: 5.60 (+0.03)