Blackstone Creating Rental Home Bonds After Buying Spree

’s Blackstone Group LP (BX) has spent $7.5 billion acquiring 40,000 houses in the past two years to create the largest single-family rental business in the U.S. The private-equity firm is now planning to sell bonds backed by lease payments, the latest step in turning a small business into a mature industry.

Posted: 2013-10-23 06:18:00

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