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 ...

Tagged with: blackstone group invitation homes

How much of your neighborhood is owned by Wall Street? Over the last few years, institutional investors have helped stabilize the housing market by buying up distressed homes across the country and putting them back on the market as rentals. ...

Tagged with: American Homes 4 Rent institutional investors invitation homes

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 invitation homes RealtyTrac

We’ve known for a while that institutional investors – led by the behemoth Blackstone Group – are making big investments in the Charlotte housing market. Now we know the extent of their investment, and the extent to which they are ...

Tagged with: Charlotte Regional Realtor Association Daren Blomquist Eric Locher invitation homes RealtyTrac

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: blackstone group Eric Locher invitation homes j.c. underwood Metrolina Real Estate Investors Association Nancy Braun oakmont homes RealtyTrac Tom Pearson