“After investing close to $7 billion in rental properties through its Invitation Homes unit, Blackstone is offering cash to smaller investors wanting to get into the game. The firm is in the closing process on the first deals.  Blackstone is originating loans of $500,000 to $50 million to small and midsize investors buying a minimum of five single-family rental properties. Each home must be worth at least $50,000, and Blackstone will do a lot of homework, using local appraisers to determine if the property’s cash flow covers the debt service.  Though large investors have poured $14 billion-plus into the single-family rental market recently, they represent only about 2 percent of property owners.”

http://www.cnbc.com/id/101276543

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