Amherst Holdings, LLC today announced that its Single Family Residential platform has sold a portfolio of 757 single family rental properties to Altisource Residential, L.P., an operating partnership controlled by Altisource Residential Corporation (NYSE: RESI), a publicly traded REIT, for a total sale price of $106.5 million. The sale represents Amherst’s second transaction with Altisource Residential. Amherst and Altisource Residential have agreed to transact on up to an additional 2,750 single family rental properties in 2017.