POSTED ON Apr 8, 2013 2:18:24 PM / by Dylan

Billionaire Buys 10,000 Rental Homes; Now Owns Second Most SFR’s in U.S.

Looks like some smart money is chasing single family rentals.  Billionaire B. Wayne Hughes rocketed to the #2 spot for single family rentals owned by purchasing 10,000 homes via his American Homes 4 Rent company.

Hughes founded Public Storage 40 years ago and built it into the largest self storage company in the world.


For more on this story, go here http://www.bloomberg.com/news/2013-02-13/billionaire-hughes-chasing-blackstone-as-u-s-rental-king.html