NEW YORK – The Blackstone Group LP on Thursday reported fourth-quarter earnings of $1.26 billion. The company owns Invitation Homes, a real estate investment trust that has bought 1,220 Mecklenburg County homes to hold as rentals since 2012, according to ...Read More »
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Wall Street is at it again, slicing and dicing securities, hoping to sell pieces of the pie to investors hungry for better returns. But instead of offering investors bonds backed by mortgages, private equity firms are looking at new financial ...
Tagged with: American Homes 4 Rent blackstone group Center for American Progress House Financial Services Committee invitation homes Jeb Hensarling Mark Takano Norbert Michel Patrick McHenry RealtyTrac REO-to-rental Robert Pittenger Sarah Edelman single-family rental securities Tricon Capital GroupRead More »
U.S. Rep. Mark Takano of California has asked the House Financial Services Committee to hold hearings examining the rise in investor owned rentals and the new rental-backed securities being created by Blackstone Group and American Homes 4 Rent, the two ...Read More »
Led by the behemoth Blackstone Group, the largest alternative investment company in the world, institutional investors are buying a lot of single-family homes in Charlotte, fixing them up, renting them out and holding onto them to see if they rise in value. One of every five houses sold in May, June and July in the Charlotte market went to big investors, a higher percentage than in any other market but Atlanta.
Tagged with: American Homes for Rent blackstone group Eric Locher invitation homes j.c. underwood Metrolina Real Estate Investors Association Nancy Braun national association of real estate investment trusts national real estate investors association oakmont homes RealtyTrac rentrange robert shiller The American Home Tom PearsonRead More »