Blackstone-Owned Landlord to Cease Buying Homes in 38 Cities as US Housing Market Slows

3 months ago
A single-family landlord steadfast owned by the backstage concern company, Blackstone, volition extremity it purchases of homes successful 38 American cities, arsenic the U.S. housing market begins to dilatory down dramatically. The residential spot company, Home Partners of America, (HPA) was acquired by Blackstone successful June 2021 for $6 cardinal astatine the tallness of the COVID-19 pandemic lodging purchasing boom. At the time, the institution controlle...
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