“The private-equity firm is now planning to sell bonds backed by lease payments, the latest step in turning a small business into a mature industry. Blackstone has led hedge funds, private-equity firms and real estate investment trusts raising about $20 billion to purchase as many as 200,000 homes to rent after prices plunged 35 percent from the 2006 peak. The largest investors, seeking to profit from rebounding prices and rising demand for rentals among millions of Americans who went through foreclosure or can’t qualify for a mortgage, are looking to the bond market for capital to buy more properties and increase returns with borrowed money.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Google CEO Schmidt calls for end to private drone use
Study links genetically modified grain to stomach inflammation in pigs
Obama’s New Ebola ‘Czar’ Has No Medical, Health Care Background
American Citizens: U.S. Border Agents Can Search Your Cellphone
NH lawmakers kill bill to spy on motorists with license plate scanners
Bernanke says Fed stimulus benefits clear, budget cuts a risk
Spain To Ban Photos of Police on Duty
'Over 130 children die each day' in US-backed blockade of Yemen
Officer looking for work in another jurisdiction after running down fleeing suspect
Warren Buffett's bubble cash-out strategy revealed in 38-year-old letter
Threatening 'IRS' calls, emails are scams, officials warn
Inside America's Plan to Kill Online Privacy Rights Everywhere
Bitcoins gain acceptance even at some thrift stores
Sweden’s deflated economy: Sub-zero conditions
U.S. offers help to Nigeria to fight terror group