Barrack Says Home Investors Have Yet to Figure Out Exit
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Institutional landlords building home-rental businesses in the U.S. have yet to figure out the best way to sell their investments as they focus on expansion, said Thomas Barrack Jr., the head of Colony Capital LLC.
“Nobody is worried about an exit,” Barrack, whose firm has purchased more than 15,000 homes, said today in an interview with Bloomberg Television’s Market Makers with Erik Schatzker and Stephanie Ruhle. “We are proving up the business.”