Why Blackstone Is Buying Homes In The U.S. Again #CNBC

Blackstone is a major private equity firm that has an ownership interest in over 274,000 rental homes. The BREIT portfolio, a narrow slice of its real estate division, includes substantial numbers of apartments, mobile home parks, student housing and single-family rental homes. The company’s U.S. rental housing portfolio is weighted toward cash flowing properties in the sun belt and coastal cities. The company says its large footprint and expertise in finance can make a positive impact on the housing market as prices keep rising in supply-constrained regions of the U.S..

Chapters:
0:00 Introduction
01:37 Chapter 1: Multifamily housing
05:11 Chapter 2: Private placements
08:12 Chapter 3: Single-family rentals
10:02 Chapter 4: Policy