Blackstone Is Making a $6 Billion Bet on the Housing Market

·4 min read

Blackstone Group (NYSE: BX) is making a big splash in the single-family rental (SFR) market. Through its public, non-traded REIT (real estate investment trust), Blackstone Real Estate Income Trust, or BREIT, the company has agreed to acquire Home Partners of America (HPA) for $6 billion. Here's a closer look at HPA and why Blackstone is making a big bet on the SFR market.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting