As of August 26, 2016 3:33 PM - Minimum 20 minute delay.
Silver Bay Realty Trust Corp. is a newly organized Maryland
corporation focused on the acquisition, renovation, leasing and management of single-family
properties for rental income and long-term capital appreciation. We generate virtually
all of our revenue by leasing our portfolio of single-family properties and, from
this revenue, expect to pay the operating costs associated with our business and
any distributions to our stockholders. Our principal objective is to generate attractive
risk-adjusted returns for our stockholders over the long term, primarily through
dividends and secondarily through capital appreciation. We seek to establish a reputation
as a good landlord to our tenants and a good neighbor in the communities where we
operate. We believe that we can achieve economies of scale and develop a valuable
consumer brand and that we are well positioned to be a market-leading firm in the
single-family rental industry. Silver Bay is headquartered in Plymouth, Minnesota
and has elected to be taxed as a REIT for U.S. federal tax purposes.
Silver Bay Realty Trust Corp. is a member of the National
Rental Home Council (NRHC). The NRHC is a non-partisan organization dedicated to
advocating on behalf of the single-family rental industry. The NRHC seeks to educate
the public, the media and policymakers about the economic value of the industry
and the benefits of large-scale, well-managed single-family rental housing platforms.
Click here to gain access to the NRHC website.
Silver Bay Realty Trust Corp.
Investor Relations and Media