Oakland’s Waypoint cashes in on empty homes

"It costs them to move, and by the time they get a truck and put a deposit down on a home, it’s disruptive to the family," said David Zanaty, division vice president for Waypoint Homes’ eastern.

Waypoint Homes is a fully-integrated operating company which acquires, renovates, leases and manages a growing portfolio of rental homes in multiple markets around the country.

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The flood of cash helped spark. ideal renters for the homes the big firms own in Southern California. “People want to live here, whether they buy or rent,” said Gary Beasley, chief executive of.

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Oakland’s Waypoint cashes in on empty homes distressed neighborhoods in Oakland and hope this can provide a model that can be replicated in other cities." Enterprise and Waypoint will contribute an initial investment totaling .6 million in equity, and citi community development will provide a $150,000 grant to fund the first phase of 20 homes.

homes that sold for $400,000 at the peak have been purchased for about $130,000 each and renovated for the rental market, Gary Beasley, managing director of Oakland, California-based Waypoint Real.

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distressed neighborhoods in Oakland and hope this can provide a model that can be replicated in other cities." Enterprise and Waypoint will contribute an initial investment totaling $1.6 million in equity, and Citi Community Development will provide a $150,000 grant to fund the first phase of 20 homes.

(02-04) 17:50 PST Oakland– Oakland’s Waypoint Real Estate Group, a pioneer of buying foreclosed homes and turning them into rentals, on Monday became the latest contender in the crowded.

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Oakland Hope is a non-profit, volunteer-driven human service organization that has recently formed within Oakland county. Following in the footsteps of Focus Hope and Hope Center in Macomb, Oakland Hope will partner with other agencies to become Oakland County’s first one-stop-shop human service agency, providing a wide range of services and resources for the under-employed and working poor of.

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