LA JOLLA, Calif., Aug. 29, 2017 /PRNewswire/ -- Reven Housing
REIT, Inc. (the "Company", "Reven") (NASDAQ: RVEN), an owner and
operator of single-family residential properties, announced today
that it is actively assessing the impact of Hurricane Harvey on its
rental homes in Houston.
"On behalf of Reven, we extend our heartfelt thoughts to all of
Texas, our residents and our team
members in Houston as they
continue to battle storms in the aftermath of Hurricane Harvey,"
stated Chad Carpenter, Chairman
& Chief Executive Officer of Reven Housing REIT, Inc.
"Our local team members are assessing the impact of the storm on
our homes but the extent of continued flooding of key roadways to
the affected areas is making the process challenging.
We will provide a complete assessment as soon as the weather
permits and our team completes their diligence."
Reven owns 264 homes in the greater Houston area. The Company maintains
property and casualty insurance policies that cover floods and
damage related to named storms subject to deductibles and
limits.
About Reven Housing REIT, Inc.
Reven Housing REIT, Inc. (NASDAQ: RVEN) engages in the
acquisition and ownership of portfolios of occupied single family
rental properties in the United
States. Reven currently owns and operates single family
rental properties in Alabama,
Florida, Georgia, Mississippi, Tennessee and Texas.
For more information, please visit www.revenhousingreit.com
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SOURCE Reven Housing REIT, Inc.