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Blackstone Extends Reach Into Single-Family Rentals With New $6 Billion Deal

Purchase of Home Partners of America Adds to Investments in Single-Family Market
Blackstone Real Estate Income Trust has agreed to buy lease-to-own, single-family home operator Home Partners of America. (iStock)
Blackstone Real Estate Income Trust has agreed to buy lease-to-own, single-family home operator Home Partners of America. (iStock)

(Corrected on June 22 to reflect Blackstone's sale of its stake in Invitation Homes.)

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