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Wall Street Giant Blackstone Group Issues Rental Home Backed Security

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Real Estate Agent with Gold Star Agent. DRE# 01235960

While the biggest institutional landlords, led by Invitation Homes and American Homes 4 Rent (AMH), have been more visible in gobbling up properties in the wake of the U.S. foreclosure crisis, they own fewer than 500,000 homes, compared with the more than 14 million owned by smaller investors, according to the report. Investors with small enough pools of properties can also turn to taxpayer-backed Fannie Mae and Freddie Mac for financing.  READ MORE http://www.bloomberg.com/news/2015-01-14/blackstone-said-to-market-first-rental-home-securities-of-2015.html

 

 

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