Big Investors Plowing Money into Single-Family Homes

“Seeking to take advantage of the rebound in the housing market, some big-time investment firms are snapping up single-family homes.

The private equity titan Blackstone Group, for example, has shelled out more than $1 billion to buy 6,500 single-family homes so far this year, The Wall Street Journal reports.

Another private equity firm, the Colony Capital Group, led by Los Angeles billionaire Thomas Barrack, has acquired 4,000 homes….”

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