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Wall Street Investors Continue To Target Residential Housing - July 5, 2021
July 2021 - Hedge Fund
Soaring home prices and strong demand for residential housing have once again caught the attention of large Wall Street Investors. As recently reported in the Wall Street Journal, “Blackstone Group Inc. has agreed to buy a company that buys and rents single-family homes in a $6 billion deal, a sign Wall Street believes the U.S. housing market is going to stay hot. The investment firm confirmed Tuesday that it has reached a deal to acquire Home Partners of America Inc., which owns more than 17,000 houses throughout the U.S. Home Partners buys homes, rents them out and offers its tenants the chance to eventually buy.“
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