December 2020 – Page 4

American Homes 4 Rent Purchases 55 Acres to Build 198 Homes

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American Homes 4 Rent and Etowah Land Partners announced today that AH4R recently acquired 55 acres of undeveloped land at Etowah Shoals Village, a mixed-use, multi-generational development in Canton, Ga. AH4R has commenced land development on the site and will invest approximately $50 million in developing River Ridge, a 198 single-family rental home community that will include a neighborhood amenity center, pool and fitness facility. River Ridge will be located

Offerpad Adds New Chief Growth Officer and Chief Legal Officer in Executive Team Build-out

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As part of its strategy to advance its Real Estate Solutions Center and future business plans, real estate tech innovator Offerpad, based in Phoenix, Arizona, announced the expansion of its Executive Team. David Connelly, previously with Citigroup, joins Offerpad as the company’s new Chief Growth Officer, and from Taylor Morrison Home Corporation, Ben Aronovitch has been hired as its new Chief Legal Officer. “With the addition of David and Ben,

New Guide Shows Renters How to Protect Against Scams

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Since the start of the pandemic, the number of fraudulent listings posted on the internet has been on the rise. Local authorities, Better Business Bureau’s local offices, and real estate companies warn renters looking for apartments to be extra diligent in their search and educate themselves on how to protect against rental scams. To this end, apartment search website RENTCafe.com came up with a helpful tool for renters that combines