{"id":576,"date":"2013-05-05T20:32:30","date_gmt":"2013-05-05T20:32:30","guid":{"rendered":"http:\/\/fenello.com\/blog\/?p=576"},"modified":"2013-05-05T20:32:30","modified_gmt":"2013-05-05T20:32:30","slug":"httpwww-businessweek-comnews2013-04-25blackstone-sidesteps-auctions-in-largest-rental-trade-mortgages","status":"publish","type":"post","link":"http:\/\/fenello.com\/oldnews\/upsidez\/?p=576","title":{"rendered":"http:\/\/www.businessweek.com\/news\/2013-04-25\/blackstone-sidesteps-auctions-in-largest-rental-trade-mortgages"},"content":{"rendered":"<div class=\"mceItemEmbedly\" style=\"max-width:600px;\" data-ajax=\"{'url':'http:\/\/www.businessweek.com\/news\/2013-04-25\/blackstone-sidesteps-auctions-in-largest-rental-trade-mortgages','width':null,'words':null,'height':null,'embed':'&lt;div class=\\&quot;embedly\\&quot; style=\\&quot;max-width:nullpx;max-height:nullpx\\&quot;&gt;&lt;img src=\\&quot;http:\/\/www.bloomberg.com\/image\/iyLRhde9z0q4iyLRhde9z0q4.jpgjpg\\&quot; class=\\&quot;thumb embedly-thumbnail-small\\&quot; \/&gt;&lt;a class=\\'embedly-title\\' href=\\'http:\/\/www.businessweek.com\/news\/2013-04-25\/blackstone-sidesteps-auctions-in-largest-rental-trade-mortgages\\'&gt;Blackstone Buys Atlanta Homes in Largest Rental Trade&lt;\/a&gt;Blackstone Group LP (BX) bought 1,400 properties in Atlanta, some eligible for federal low-income housing subsidies, in the biggest bulk purchase for the fledgling homes-for-lease industry. The private-equity firm, which has spent more than $4 billion on 24,000 rental properties in the last year making it the largest buyer in the U.S., purchased the residences from Building and Land Technology, said Marcus Ridgway, chief operating officer of Invitation Homes, Blackstone\\'s single- family rental division.&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;span class=\\&quot;embedly-powered\\&quot; style=\\&quot;float:right;display:block\\&quot;&gt;&lt;a target=\\&quot;_blank\\&quot; href=\\&quot;http:\/\/embed.ly?src=anywhere\\&quot; title=\\&quot;Powered by Embedly\\&quot;&gt;&lt;img src=\\&quot;\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\\&quot; alt=\\&quot;Embedly Powered\\&quot; \/&gt;&lt;\/a&gt;&lt;\/span&gt;&lt;div class=\\&quot;media-attribution\\&quot;&gt;&lt;span&gt;via &lt;\/span&gt;&lt;a href=\\&quot;http:\/\/www.businessweek.com\\&quot; class=\\&quot;media-attribution-link\\&quot; target=\\&quot;_blank\\&quot;&gt;Businessweek&lt;\/a&gt;&lt;\/span&gt;&lt;\/div&gt;&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;\/div&gt;'}\">\n<div class=\"embedly\" style=\"max-width:nullpx;max-height:nullpx\"><img decoding=\"async\" src=\"http:\/\/www.bloomberg.com\/image\/iyLRhde9z0q4iyLRhde9z0q4.jpgjpg\" class=\"thumb embedly-thumbnail-small\" \/><a class='embedly-title' href='http:\/\/www.businessweek.com\/news\/2013-04-25\/blackstone-sidesteps-auctions-in-largest-rental-trade-mortgages'>Blackstone Buys Atlanta Homes in Largest Rental Trade<\/a>Blackstone Group LP (BX) bought 1,400 properties in Atlanta, some eligible for federal low-income housing subsidies, in the biggest bulk purchase for the fledgling homes-for-lease industry. The private-equity firm, which has spent more than $4 billion on 24,000 rental properties in the last year making it the largest buyer in the U.S., purchased the residences from Building and Land Technology, said Marcus Ridgway, chief operating officer of Invitation Homes, Blackstone&#8217;s single- family rental division.<\/p>\n<div class=\"embedly-clear\"><\/div>\n<p><span class=\"embedly-powered\" style=\"float:right;display:block\"><a target=\"_blank\" href=\"http:\/\/embed.ly?src=anywhere\" title=\"Powered by Embedly\"><img decoding=\"async\" src=\"\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\" alt=\"Embedly Powered\" \/><\/a><\/span><\/p>\n<div class=\"media-attribution\"><span>via <\/span><a href=\"http:\/\/www.businessweek.com\" class=\"media-attribution-link\" target=\"_blank\">Businessweek<\/a><\/span><\/div>\n<div class=\"embedly-clear\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Blackstone Buys Atlanta Homes in Largest Rental TradeBlackstone Group LP (BX) bought 1,400 properties in Atlanta, some eligible for federal low-income housing subsidies, in the biggest bulk purchase for the fledgling homes-for-lease industry. The private-equity firm, which has spent more &hellip; <a href=\"http:\/\/fenello.com\/oldnews\/upsidez\/?p=576\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-576","post","type-post","status-publish","format-standard","hentry","category-upsidez"],"_links":{"self":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/comments?post=576"}],"version-history":[{"count":1,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/576\/revisions"}],"predecessor-version":[{"id":577,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/576\/revisions\/577"}],"wp:attachment":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/media?parent=576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/categories?post=576"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/tags?post=576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}