Blackstone Group has sold off another chunk of its shares in its suburban home rental company Invitation Homes, unloading the stock when shares are on the upswing. The private equity firm behemoth sold $1 billion worth of shares in the Dallas-based company, lowering its total holdings in the company to 27 percent from 34 percent, according to the Wall Street Journal. Blackstone sold off $1 billion in Invitation Homes shares in March. Invitation Homes shares […]
source https://therealdeal.com/national/2019/05/30/blackstone-sells-1b-stake-in-single-family-rental-business-amid-high-pricing/#new_tab
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