How Blackstone Became One Of America’s Largest Landlords
Blackstone is an American financial giant with over $1 trillion in assets under management. What we do is we buy assets, say we buy a company, and we make them better. Real estate is one of Blackstone's major divisions.Blackstone is really in the business of marketing investment products. A byproduct of that is they became a very large landlord. The company has an ownership interest in at least 274,000 rental housing units.That likely makes it one of the largest landlords in the United States. In every mark ...