Blackstone pioneered the issuance of bonds backed by pools of rental homes back in 2013, and also utilized approximately $3.6 billion of debt financing from Deutsche Bank to fuel acquisitions of.
The offering would be the fourth of rental-home bonds, following American homes 4 rent‘s $482.7 million bond deal this month, Colony American Homes’ sale of $513.6 million of the debt in April and.
After checking with the startups backers, Marcus decided to take a risk and rent to it. Through a venture arm, Alexandria also put money into then-private Google, an investment that remains the fund’s.
Sales of existing homes will rise about 7.2 percent in 2013 to 4.98 million, the highest since 2007. said Dec. 27 on Bloomberg Television. “We’re seeing rentals rise. Our permit data show that new.
Blackstone may spin off single-family rental unit into REIT, report says. Invitation Homes currently oversees about 50,000 single-family house rentals across the country. It would go public as a real estate investment trust, Bloomberg News reported. Blackstone saw opportunity in the single-family housing rental market after the recession,
Investors eye SFR bond exit due to Blackstone IPO.. Blackstone and refinance other rental home aggregators, that could have a far-reaching impact.. of limited supply for high-quality credit.
“The very low rate environment and the high level of investment activities. prices — including companies such as Blackstone Group LP and American Homes 4 Rent buying homes to turn them into.
Last week, Bloomberg News reported that The Blackstone Group, the nation’s largest institutional investor in single-family homes, plans to sell bonds backed by lease payments. Essentially, the company.
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While surging light-vehicle sales have been one. 0.55 percent to issue bonds with a similar maturity linked to prime customers on its most recent offering in July, data compiled by Bloomberg show..
(Bloomberg) — Shares of several U.S. private equity firms have jumped since they announced plans to convert themselves into corporations, making some of the world’s wealthiest people even richer.Steve Schwarzman’s net worth surged 20% to $16.2 billion since April, when Blackstone Group LP said it would abandon the partnership structure to attract a wider array of investors.
BlackRock Inc. is the latest company planning to finance investors who buy single-family homes, capitalizing on soaring rental demand as the U.S. homeownership rate sits at a five-decade low.
FHFA: Home prices continue climb Home prices in Lincoln were up more than 5 percent in July, according to a report. Real estate data company CoreLogic said Tuesday that Lincoln’s home prices rose 5.2 percent in July compared with a.GMAC Loses $5bn on Mounting Mortgage Woes Housing likely to contribute to 2013 GDP The economy of the United States is a highly developed mixed economy. It is the world’s largest economy by nominal GDP and the second-largest by purchasing power parity (PPP). It also has the world’s seventh-highest per capita GDP (nominal) and the eleventh-highest per capita gdp (ppp) in 2016. The US has a highly diversified, world-leading industrial sector.