Blackstone Acquires Home Partners
> Blackstone Acquires Home Partners
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Blackstone Group Inc. has agreed to buy Home Partners of America Inc., a company that buys and rents single-family homes, in a $6 billion deal that’s a sign Wall Street believes the U.S. housing market is going to stay hot. Home Partners owns more than 17,000 houses throughout the U.S., which it bought, rents out and offers its tenants the chance to eventually buy.