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Front Yard Residential : Pretium, Ares Management and Front Yard Residential Complete First-Ever Single-Family Rental Take-Private Transaction

NEW YORK and LOS ANGELES, Jan. 11, 2021 /PRNewswire/ Pretium and a group of its investors, and funds managed by the Real Estate Equity and Alternative Credit strategies of Ares Management. | January 17, 2021 ....

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Pretium, Ares Management and Front Yard Residential Complete First-Ever Single-Family Rental Take-Private Transaction

(PRNewsfoto/Ares Management Corporation,Pretium Partners, LLC)
NEW YORK and LOS ANGELES, Jan. 11, 2021 /PRNewswire/ Pretium and a group of its investors, and funds managed by the Real Estate Equity and Alternative Credit strategies of Ares Management Corporation (NYSE: ARES) ( Ares ) today announced the completion of their acquisition of Front Yard Residential Corporation (NYSE: RESI) ( Front Yard ), a leading provider of high-quality and affordable single-family rental ( SFR ) housing.
The completion of the transaction makes Pretium the second-largest owner and operator of SFR properties in the United States with a portfolio of over 55,000 cash-flowing single-family rentals. Pretium will manage the venture and partner with Ares to further optimize and expand Front Yard s attractive and well-diversified portfolio of SFR assets. ....

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Nearly 90% of 'Missing in Kansas' cases cleared

Nearly 90% of 'Missing in Kansas' cases cleared
kake.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kake.com Daily Mail and Mail on Sunday newspapers.

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Building project spikes property tax levy in Ely

Keith Vandervort
ELY – ISD 696 School Board members approved the 2021 property tax levy Monday night that shows a 32-percent increase over last year’s levy. The 2021 levy of $2,373,475 is an increase of $576,411 over the 2020 levy of $1,797,064.
District voters approved a $10 million bond in August to help finance a $20 million school building renovation project. Construction is expected to start in the spring.
No taxpayers participated in Monday’s truth-in-taxation public hearing that preceded the board’s unanimous approval of the levy.
Superintendent Erik Erie noted that just 20 percent of the total district revenue for the $8.9 million budget for 2020-2021 comes from the property tax levy. About two-thirds of the district’s revenue, $5,947,131, comes from state sources, and about four percent, $358,390, comes from federal sources. ....

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Y'Stone's snow season starts | Local | jhnewsandguide.com

Y'Stone's snow season starts | Local | jhnewsandguide.com
jhnewsandguide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jhnewsandguide.com Daily Mail and Mail on Sunday newspapers.

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