WebJun 22, 2024 · Blackstone Group agreed to buy single-family rental company Home Partners of America for $6 billion, betting the demand for suburban housing will stay hot even as the pandemic eases. WebMay 20, 2024 · In addition to converting single-family homes to rentals, in the mid-2010s, investors realized they could turn a quick profit by purchasing manufactured home communities (and the land under the ...
Home Partners to halt single-family home buying in 38 markets
Web2 bed. 1 bath. 625 sqft. 914 Luke St, Blackstone, VA 23824. Email agent. Brokered by Better Homes and Gardens Real Estate Base Camp. Pending. $129,000. WebAug 29, 2024 · Starting September 01, Home Partners – an operator of single-family retail homes acquired by Blackstone last June for $6 billion – will pause applications and property submissions in 28... myrtle gardens downey
Blackstone to buy Home Partners of America in $6 billion deal
WebThe company, acquired by Blackstone in June 2024 for $6 billion, told customers that as of Sept. 1, it is pausing applications and property submissions in Boise, Idaho; Fresno, California; Memphis, Tennessee, and 25 other areas. The company will go on hiatus in 10 additional cities on Oct. 1. WebSince rental prices increase the closer to 100% occupancy rates you get, and this is adding both renters and rental units to the rental market at a 1:1 rate (they aren't turning homes into boarding houses, usually- they're just renting the whole house out to a single family), this actually brings rental occupancy rates closer to 100% and makes ... WebSep 24, 2012 · Blackstone, one of the nation's largest private-equity firms, plans to buy as many as 15,000 homes in Tampa Bay over the next three years, many of them foreclosures, capitalizing on decimated... the source and target models should be