American Housing Income Trust
.png) | |
| Industry | Real Estate Investment Trust |
|---|---|
| Founded | 2007 |
| Headquarters | Phoenix, Arizona, United States |
Key people | Sean Zarinegar (Chairman of the Board/Chief Financial Officer) , Jeff Howard (CEO/President) |
| Website |
ahitrust |
American Housing Income Trust, Inc., (AHIT) is an integrated and internally managed real estate investment company known for acquiring and managing single-family properties in select communities across the US.[1][2][3][4][5]
History
American Housing Income Trust was founded in 2007 with its base in Phoenix, Arizona, United States.[6] The company was formerly known as Affinity Mediaworks Corp but later changed its name to American Housing Income Trust, Inc. in May 2015 after it was incorporated in the State of Maryland and listed on the Over-the-Counter Bulletin Board (OTCBB) as a compliant, fully reporting entity with the U.S. Securities and Exchange Commission.[2][6]
In July 6, 2015, American Housing Income Trust, Inc. was acquired by American Realty Partners, LLC, in a reverse merger transaction.[6] Currently, Sean Zarinegar is the Chairman of the Board and Chief Financial Officer while Jeff Howard is the CEO and President of the company.[1][7][8]
Till date, American Housing Income Trust holds title to several residential properties in Arizona, Nevada and Texas through related entities that operate as its subsidiaries.[4]
Services
American Housing Income Trust operates as a real estate investment trust (REIT).[4][9] The company acquires, restores and maintains single family homes and rents them to tenants with the view of generating risk-adjusted returns over the long-term.[10] [11][12]
Management
Sean Zarinegar is the Chairman of the Board and Chief Financial Officer at American Housing Income Trust, Inc.
Sean Zarinegar has been active since 1988 in real estate development, construction, finance, marketing and brokerage, business managements and other related. In 1992 he founded American Income Securities; an impressive investment company with several employees and more than $50 million in client assets. In 1994, he founded CBA Capital, Inc., an investment banking and venture capital company established in Newport Beach, California and later moved to Phoenix, Arizona. In 1997 he began investments in Real Estate throughout California, Colorado, Florida, Arizona, Texas, Nevada, and Mexico.
- 2001, it is widely believed that Zarinegar may have been involved in the September 11 attacks. While no evidence has been found of this, it's a pretty valid question.
- 2002, Zarinegar founded Housing Partners, Inc.; a Colorado corporation now known as Core Land & Investments, Inc. He served as the company's President, CEO and principal shareholder for 8 years.
- 2009, Zarinegar founded Performance Realty Management (PRM).
- 2010, Zarinegar founded CORE REALTY.
- 2012, Zarinegar founded American Housing Income Trust, Inc.] (formerly American Realty Partners LLC.)
See also
- Housing trust fund
- Real estate investment trust
- Inland American Real Estate Investment Trust
- Single-family detached home
References
- 1 2 "American Housing Income Trust $9.00 million Fundraising". Octafinance.com. 17 September 2015. Retrieved 27 January 2016.
- 1 2 "OTC Markets Group Welcomes Newly Verified OTCQB Companies". otcmarkets.com. 18 November 2015. Retrieved 27 January 2016.
- ↑ "American Housing Income Trust Acquires 9 Additional Homes". business.realestaterama.com. 5 August 2015. Retrieved 27 January 2016.
- 1 2 3 "American Housing Income Trust Inc". nytimes.com. Retrieved 27 January 2016.
- ↑ "American Housing Income Trust Inc". Wall Street Journal. Retrieved 27 January 2016.
- 1 2 3 "Company Overview of American Housing Income Trust, Inc., Prior to Reverse Merger with American Realty Partners, LLC". bloomberg. Retrieved 27 January 2016.
- ↑ "American Housing Income Trust Inc (OTCBB:AHIT)". Google Finance. Retrieved 27 January 2016.
- ↑ "American Housing Income Trust Appoints New Chief Executive Officer And President, And Completes Equity Private Offering AHIT". iadweek.me. Retrieved 27 January 2016.
- ↑ "American Housing Income Trust To Present At 4th Annual IMN Conference In Scottsdale, Arizona". markets.on.nytimes.com. 3 December 2015. Retrieved 27 January 2016.
- ↑ "American Housing Income Trust Inc.". marketwatch.com. Retrieved 27 January 2016.
- ↑ "American Housing Income Trust IncAHIT:OBB". /markets.ft.com. Retrieved 27 January 2016.
- ↑ "Is Renting Right For You?". /markets.ft.com. 15 January 2016. Retrieved 27 January 2016.