A home in Roseville owned by Invitation Homes and offered for rent on April 2, 2013 in Roseville, Calif. Blackstone, a New York hedge fund, became the largest landlord of single-family homes in Sacramento, after spending close to $200 million to buy more than 1,250 houses, which the firm manages through Invitation Homes. Some home builders are now following suit by constructing homes to rent. Others are thinking of asking Invitation Homes to manage rentals that they may build in the future.
A home in Roseville owned by Invitation Homes and offered for rent on April 2, 2013 in Roseville, Calif. Blackstone, a New York hedge fund, became the largest landlord of single-family homes in Sacramento, after spending close to $200 million to buy more than 1,250 houses, which the firm manages through Invitation Homes. Some home builders are now following suit by constructing homes to rent. Others are thinking of asking Invitation Homes to manage rentals that they may build in the future. Paul Kitagaki Jr. pkitagaki@sacbee.com
A home in Roseville owned by Invitation Homes and offered for rent on April 2, 2013 in Roseville, Calif. Blackstone, a New York hedge fund, became the largest landlord of single-family homes in Sacramento, after spending close to $200 million to buy more than 1,250 houses, which the firm manages through Invitation Homes. Some home builders are now following suit by constructing homes to rent. Others are thinking of asking Invitation Homes to manage rentals that they may build in the future. Paul Kitagaki Jr. pkitagaki@sacbee.com