Colony Starwood Homes buys $815 million portfolio of single-family rental homes

When Colony Starwood Homes got out of the non-performing loans business last year and sold off 1,675 NPLs for $265 million, the real estate investment trust said that it planned to use the funds from that sale to grow its portfolio of single-family rental homes. This week, Colony Starwood followed up on that promise and is growing its SFR business by agreeing to buy 3,106 single-family rental homes from GI Partners for $815 million.
Source: Housing Wire

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