Starwood Capital Group is nearing an agreement to sell a portfolio of rental houses to Invitation Homes for about $800 million, sources told Bloomberg. The move would mark a shift in strategy for the private-equity firm, which has amassed more than 30,000 single-family rental homes since the housing crisis.
Starwood Capital Group, a private-equity firm, is close to an agreement to sell a portfolio of rental houses to Invitation Homes for $800 million.
This would mark a shift in strategy for Starwood Capital Group, which since the housing crisis has acquired more than 30,000 single-family rental homes. The agreement with Invitation Homes is expected to be finalized in the coming weeks, sources told Bloomberg.
You can read this full article at: https://www.housingwire.com/articles/starwood-capital-group-is-nearing-an-agreement-to-sell-a-portfolio-of-rental-houses-to-invitation-homes-inc-people-familiar-with-the-matter-told-bloomberg/(subscription required)
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