Wall Street landlords, which emerged during the 2008 downturn, are prepared for windfall as homeowners skip mortgage payments. Firms including Brookfield Asset Management, Blackstone Group and J.P. Morgan Asset Management have each invested hundreds of millions in single-family rental companies, the Wall Street Journal reported. As the expiration date of the federal forbearance programs draws near, many Americans may look to sell their homes in order to make ends meet. Shares in the two largest
source https://therealdeal.com/2020/09/18/investors-bet-on-single-family-rentals-as-mortgage-payments-stack-up/
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