Start Date | 2012-00-00 |
End Date | 2019-00-00 |
Is Current | no |
Notes | The private equity giant formed Invitation Homes in 2012 to buy up foreclosed homes following the financial crisis. At its peak, Blackstone was buying more than $100 million in homes each week, primarily in the Sun Belt region. That buying binge paid off, as it brought Invitation Homes public in 2017 and cashed out on its stake in 2019, making about $7 billion on the investment. |