Altisource Residential, a real estate investment trust, is securitizing a portfolio of 4,262 single family rental properties that it recently acquired from Amherst Holdings.

The deal is part of a seller-financed transaction, according to rating agency reports and a company press release. Amherst provided a financing equal to 75% of the $652 million purchase price. Amherst will also continue to manage the properties through its subsidiary, Main Street Renewal.

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