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Sign in Sign up for a FREE subscriptionStarwood Capital Group explores $1b single-family rental sale
Starwood Capital Group is exploring the sale of two portfolios of single-family rental houses due to the U.S. housing cooling down, said Barry Sternlicht, CEO and co-founder, reported Bloomberg, citing people familiar with the matter.
The portfolio totals 3,000 properties located primarily in South. If the sales proceed, Starwood Capital will own more than 10,000 single-family rental homes.