Wall Street Landlords Are Firing Up Their Home-Buying Engines

Institutional investors bought more single-family rental homes in 2017 than in previous year, the first increase since 2013, according to data compiled by Blackstone Group LP and Tom Barrack's Colony Capital Inc. rushed into the single-family rental business when U.S. housing markets were reeling from the foreclosure crisis and homes were available and cheap. The feeding frenzy was short-lived.

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