Wednesday, July 18, 2012

Blackstone bets on US housing recovery, buys 2000-plus homes-for-rent - Reuters


Blackstone bets on US housing recovery, buys 2000-plus homes-for-rent
Reuters
By Ilaina Jonas | NEW YORK (Reuters) - Blackstone Group LP (BX.N) 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 ...

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