American Housing Income Trust’s Conversion to Publicly Traded Company
Sean Zarinegar is an entrepreneur with more than two decades of experience in the real estate asset management sphere. He presently guides American Housing Income Trust (AHIT) as president and CEO. In June of 2015, Sean Zarinegar and privately held American Realty Partners (ARP) executive team announced their conversion of the Phoenix-based company into publicly traded, Maryland-incorporated AHIT. Over the years, ARP engaged with investors nationwide in building a diversified portfolio of single-family home rental properties (SFHR), with a focus on the Phoenix market. Buoyed by recovery factors, the SFHR market has grown into a $2.7 trillion market in the decade since the 2007-2008 financial crisis began. Pushing values higher is the preference of many families to reside in homes rather than multifamily complexes. Renting is often seen as a strategic move by families who have not been able to obtain mortgages and want to retain a full spectrum of options.
As AHIT, the company has benefited from a sustained recovery from market lows and maintains a revenue model based on collecting rent as underlying property values appreciate. As Mr. Zarinegar describes it, the firm thrives on having an in-depth understanding of housing dynamics at the regional, local, and nationwide levels. To learn more about American Housing Income Trust going public, visit http://www.prnewswire.com/news-releases/american-housing-income-trust-announces-its-recentconversion-to-a-publicly-traded-company-300120797.html