Investability, RentRange and Residential Investor One Sponsor the IMN Single Family Rental Investment Forum
November 30, 2015
Altisource Businesses to Showcase Service and Technology Innovation for Residential Investors
LUXEMBOURG, November 30, 2015 -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (Nasdaq:ASPS), a leading provider of mortgage, financial and technology services for the real estate industry, today announced that its InvestabilityTM and RentRange® businesses and Residential Investor OneTM , an Altisource managed cooperative, will sponsor the IMN Single Family Rental Investment Forum to be held December 2-4 in Scottsdale, Arizona. In addition to the conference sponsorships, executives from these businesses will participate in thought leadership panels for forum attendees.
Wally Charnoff, Senior Vice President of Investability and Rent Range will speak on the panel, “The Economy and the Single Family Industry,” on December 2, at 8:40 a.m. Tom O’Sullivan, CEO of Residential Investor One will participate on the panel, “Getting 50 or 100 Houses in Your Rental Portfolio,” on December 3, at 7:40 a.m.
“Since the beginning of the recession in 2008, more than four million houses have been converted to rental properties. Investors in the residential rental market have wisely invested in the rehabilitation of these properties, supporting economic growth nationwide,” said Charnoff. “The IMN forum is a great opportunity for us to connect with these investors and present our rental and renovation solutions.”
Throughout the forum, executives from the Investability, RentRange and Residential Investor One businesses will be on hand to discuss how they are supporting the single family rental market by delivering comprehensive data-driven solutions, education and access to discounted products and services. Please visit RentRange at booth 34, Investability at booth 35 and Residential Investor One at booth 52 within the Arizona Ballroom exhibit hall.
Investability is an online search and acquisition platform transforming the way in which investors from around the globe acquire real estate in the U.S. Investability utilizes the industry’s best data to accurately provide cash flow, capitalization rate, net yield, and market value analysis on each property for sale in the United States. Its platform then allows investors from around the globe to input their financial performance criteria and search, and sort by those financial metrics. Once they have identified the properties that fit their criteria, they are able to purchase the property, order home inspections, obtain financing, set up insurance and hire a property management firm, all within its ecosystem.
RentRange is the provider of Rental Market Intelligence™ to the financial services and real estate industries, delivering a wide assortment of address and geography level rental data, analytics, and rent based valuation solutions for single and multi-family properties. Its solutions include a combination of on-demand automated rent valuation reports and subscription based macro data available at the MSA, county, city and zip code levels. The company fills a longstanding void in the information services community by providing a standardized, reliable source for national residential rental data that is essential for confident and effective decision making.
About Residential Investor One™
Residential Investor One™ (ResidentialInvestorOne.com) is a national cooperative of residential real estate investors dedicated to enhancing the efficiency and profitability of our members. Our vendors provide products and services to assist the residential investor in finding, acquiring, financing, rehabbing, renting and selling investment properties. Managed by a subsidiary of Altisource Portfolio Solutions, S.A. (NASDAQ: ASPS), Residential Investor One is based in St. Louis, Missouri.
Altisource Portfolio Solutions S.A. is a premier marketplace and transaction solutions provider for the real estate, mortgage and consumer-debt industries. Altisource’s proprietary business processes, vendor and electronic payment management software and behavioral science-based analytics improve outcomes for marketplace participants. Additional information is available at altisource.com.