Reven Housing REIT, which owns 177 single-family rentals primarily in Houston, TX, filed on Tuesday with the SEC to raise up to $29 million and uplist on the NASDAQ. The company is currently traded on the OTCQB Marketplace under the symbol RVEN, and has a market cap of $51 million. The La Jolla, CA-based company, which was founded in 2012 and booked $1 million in sales for the 12 months ended March 31, 2014, plans to list on the NASDAQ under the symbol RVEN. Maxim Group is the sole bookrunner on the deal. No pricing terms were disclosed.
