Major housing investor to start lending to other landlords

07/9/2013 | Bloomberg · USA Today

Blackstone, which has spent $5 billion buying up more than 30,000 distressed houses and renting them out, has created B2R Finance to offer loans of
$10 million or more to landlords seeking to expand their portfolios with single-family rental homes, according to sources. Institutional investors accounted for 10% of home purchases in the nation's busiest 100 markets as of April, up from 5% a year earlier, according to Radar Logic.

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Bloomberg · USA Today

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