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Blackstone Raises $5 Billion Rental Bet With Lending Arm

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Mon, 08 Jul 13 8:58 PM | 20 view(s)
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The vultures continue feasting....

Blackstone Raises $5 Billion Rental Bet With Lending Arm

By Heather Perlberg & John Gittelsohn - Jul 8, 2013 10:00 AM ET

Blackstone Group LP (BX), the private-equity firm that has spent $5 billion on more than 30,000 distressed houses, is preparing to expand its bet on the housing recovery by lending to other landlords.

more:

http://www.bloomberg.com/news/2013-07-08/blackstone-raises-5-billion-rental-bet-with-lending-arm.html




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