Hector Amezcua/ hamezcua@sacbee.com

A home at 1678 Bridgecreek Drive is one of the hundreds in the region owned by Blackstone. In early August 2012, THR California, a subsidiary of Blackstone, the international hedge fund, owned no properties in the Sacramento market, county tax records show. By early mid-November, it owned 475, having added about 50 new properties a week. Blackstone’s tally now stands at about 1,500 in the area and 40,000 nationwide.

close window