"Blackstone Group LP has become the biggest U.S. investor in single-family rental homes by spending more than $1 billion since the start of 2012 to acquire more than 6,500 foreclosed houses in eight metropolitan areas, according to people briefed by Blackstone."
— By Craig Karmin, Robbie Whelan and Jeanette Neumann on the rise of of private equity firms in real estate
(Source: The Wall Street Journal)
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