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Home Partners of America, the single-family landlord owned by Blackstone Inc., will stop buying homes in 38 US cities, becoming the latest institutional investor to back away from an overheated housing market.
August 25 -
The deal gives Blackstone a portfolio of 42 garden-style apartment communities totaling more than 12,600 units in 13 states, including Texas, Arizona, Florida, Colorado and Georgia.
January 24 -
Blackstone Inc. has agreed to acquire Bluerock Residential Growth REIT Inc. in a deal valued at $3.6 billion, extending its push into U.S. rental housing.
December 20 -
The deal builds on two initiatives by Blackstone: to build its so-called permanent capital through an expansion into insurance, and to pursue lower-cost rentals for its real estate business.
July 14 -
The first commercial mortgage securitization is backed by eight recently acquired garden-style apartments in five states.
January 6 -
Wall Street won big buying up homes during the foreclosure crisis and renting them out. Now, it's headed back to the suburbs in hopes of scoring again.
September 25 -
Blackstone Group, which led Wall Street's initial foray into the single-family rental business, is making a new investment in suburban houses at a time when the COVID-19 pandemic is pressuring traditional commercial real estate.
August 28 -
While cutting losers to buy winners is an age-old investment proposition, the Covid-19 pandemic may create even more openings than the past crises that became bonanzas for real estate investors.
August 24 -
The private-equity giant has secured a $900 million single-asset commercial loan to finance its investment in three studios where Netflix and Walt Disney will produce original programming for their streaming services.
August 7 -
The private equity megalith's mortgage trust made a second-quarter net income of over $17.5 million and $85.2 million in core earnings.
July 30