Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Shivani Kumaresan

Partners Group To Acquire US Rental Homes For $1B: Bloomberg

Partners Group Fortress Investment Group Alabama Amarillo Atlanta Birmingham Florida Oklahoma City Tampa Texas
  • Asset manager Partners Group Holding AG (OTC:PGPHF) has agreed to buy rental houses owned by Fortress Investment Group for $1 billion, Bloomberg reported.
  • The deal includes more than 2000 new-build homes operated by Kairos Living and about 1,000 homes in contract.
  • The houses are located in the U.S. Sun Belt, and cities such as Oklahoma City; Amarillo, Texas; Birmingham, Alabama; Tampa, Florida; and Atlanta.
  • Partners Group has $18 billion under management in private real estate and targets sectors.
  • Price Action: PGPHF shares closed lower by 4.38% at $984.83 on Tuesday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Brooke Shields' 'outdated' living room color was a staple in the '80s – but her polished and textured spin on the shade proves it will never go out of style
Brooke Shields' living room features a gray sofa and a gray, painted bookshelf, which design experts say gives the space a calm, chic feel
Homes & Gardens
Homes & Gardens
Is generative AI ready for streaming? Probably not, as the internet reacts to “horrible” upscaling of classic sitcoms
Two Eighties sitcoms seem to haven been upscaled with AI for streaming – and fans aren't happy
Digital Camera World
Digital Camera World
Netflix might be renewing The Perfect Couple and Beauty in Black for season 2, but I don’t get why when it’s canceled shows with poorer ratings
Netflix could be renewing two poorly rated shows, but I don't understand why when it has so many unwarranted cancelations.
TechRadar
TechRadar
“What is this garbage?”: 25 years on, Nick Cave has made his peace with the Red Hot Chili Peppers and reveals what happened when Flea came face to face with a bear…
Get ready for the hair-raising outcome that nobody saw coming, courtesy of Cave’s latest… newsletter?
MusicRadar
MusicRadar
“There was no malice intended; it was just the sort of obnoxious thing I would say back then.” Nick Cave once famously dismissed Red Hot Chili Peppers' music as “garbage”, now he's working with Flea on a song with “arguably the greatest lyric ever”
“I was unable to fully grasp at that point in my life, that Flea was a human being of an entirely different calibre”
Louder
Louder
Donatella Versace defied expectations to become a fashion icon of her own
When she took over after her brother Gianni’s murder, few expected her to last 27 years and become a household name
The Guardian - UK
The Guardian - UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play