Wednesday, July 18, 2012

Blackstone bets on housing recovery, buys 2000-plus homes-for-rent - MSN Money


Blackstone bets on housing recovery, buys 2000-plus homes-for-rent
MSN Money
By Ilaina Jonas NEW YORK (Reuters) - Blackstone Group LP has spent more than $300 million to purchase over 2000 foreclosed homes in order to rent and bet on a recovery of the US housing market, the private equity company's global head of real estate ...

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