Current Report Filing (8-k)
23 February 2017 - 5:04AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of report (Date of earliest event
reported): February 17, 2017
REVEN HOUSING REIT, INC.
(Exact Name of Registrant as Specified in
Its Charter)
Maryland
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000-54165
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84-1306078
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(State or Other Jurisdiction of
Incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification
Number)
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875 Prospect Street, Suite 304
La Jolla, CA 92037
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(Address of principal executive offices)
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(858) 459-4000
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(Registrant’s telephone number, including area code)
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Not applicable
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(Former name or former address, if changed since last report)
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Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions.
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☐
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Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12))
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
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Item 1.01
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Entry into a Material Definitive Agreement.
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Birmingham 72 Purchase and Sale Agreement
On December 9, 2016,
Reven Housing REIT, Inc. (the “Company”) entered into a Single Family Homes Real Estate Purchase and Sale Agreement
(the “Birmingham 72 Agreement”) with Easy Rentals, LLC, an Alabama limited liability company (“Easy Rentals”),
for the Company’s purchase of a portfolio of up to 72 single-family homes located in the Birmingham, Alabama, metropolitan
area from Easy Rentals. The Birmingham 72 Agreement was filed as an exhibit to the Company’s Current Report on Form 8-K filed
with the SEC on December 9, 2016.
On February 17, 2017,
the Company and Easy Rentals entered into an amendment to the Birmingham 72 Agreement, pursuant to which the parties amended the
Birmingham 72 Agreement to extend the closing date and the Company’s due diligence period to no later than March 6, 2017.
The foregoing description
of the amendment to the Birmingham 72 Agreement is qualified in its entirety by reference to the full text of the amendment, which
is attached hereto as Exhibit 10.1.
Atlanta 50 Purchase and Sale Agreement
On December 7, 2016, the Company entered
into a Single Family Homes Real Estate Purchase and Sale Agreement (the “Atlanta 50 Agreement”) with Golden Alliance
Management, LLC, a Georgia limited liability company (“Golden Alliance”), for the Company’s purchase of a portfolio
of up to 50 single-family homes located in the Atlanta, Georgia, metropolitan area from Golden Alliance. The Atlanta 50 Agreement
was filed as an exhibit to the Company’s Current Report on Form 8-K filed with the SEC on December 12, 2016.
On February 17, 2017,
the Company and Golden Alliance entered into an amendment to the Atlanta 50 Agreement, pursuant to which the parties amended the
Atlanta 50 Agreement to exclude 10 homes from the portfolio to be purchased and to require that Golden Alliance conduct certain
repairs on the remaining 40 homes, at its expense, prior to the closing date.
The foregoing description
of the amendment to the Atlanta 50 Agreement is qualified in its entirety by reference to the full text of the amendment, which
is attached hereto as Exhibit 10.2.
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Item 9.01
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Financial Statements and Exhibits
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(d) Exhibits.
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The following exhibits are filed with this
report:
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10.1
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Amendment dated February
17, 2017 to Single Family Homes Real Estate Purchase and Sale Agreement (Birmingham 72) dated December 9, 2016
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10.2
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Amendment dated February
17, 2017 to Single Family Homes Real Estate Purchase and Sale Agreement (Atlanta 50) dated December 7, 2016
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SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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REVEN HOUSING REIT, INC.
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Dated: February 22, 2017
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/s/ Chad M. Carpenter
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Chad M. Carpenter,
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Chief Executive Officer
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