Mortgage And Real Estate News

Sunday, July 10, 2016

When the neighborhood is owned by billion-dollar companies

APOPKA, Florida (AP) — Many of the single-family homes in the Piedmont Park neighborhood of Apopka, Florida, used to be owned by families — the Vargases and the Townes, the Pierces and the Riddles. Now, they're owned by Blackstone, American Homes 4 Rent and Colony Starwood Homes, companies associated with big real estate investment firms.

Read more... http://bigstory.ap.org/article/4dcd5c1491a3475187a1d6b339a8852a/when-neighborhood-owned-billion-dollar-companies

Reuters: Business News

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