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Reven Housing appoints new director

Reven Housing REIT Inc. named Zhen Luo to its board Jan. 20. Luo will serve as a director until the REIT's next annual shareholder meeting.

Luo, who has been general manager of Shanghai Huazhou Real Estate Development since May 2010, bought 980,000 shares of the REIT's common stock in its just-concluded direct offering.