Reven Housing REIT, Inc., (NASDAQ:RVEN) engages in the acquisition
and ownership of portfolios of occupied single family rental properties in the United
States. RVEN currently owns and operates SFR's in Florida, Georgia, Mississippi,
Tennessee, Texas and intends to expand throughout the United States.
The company intends to qualify as a REIT for federal income tax purposes. As
a REIT, it would not be subject to federal income tax to the extent that it distributes
at least 90% of its taxable income to its shareholders. Reven Housing REIT, Inc.,
launched its new business plan to acquire portfolios of SFR's in 2012 and is headquartered
in La Jolla, California.