Blue Owl Commits $2.5 Billion for Point’s Home Equity Deals

Blue Owl Capital committed $2.5 billion to housing financing company Point, as institutional investors embrace non-traditional approaches to bankrolling US homeowners.

Point specializes in home equity investments, providing cash in exchange for a share of a property’s future appreciation. Demand for the product has increased in recent years as higher rates and broader affordability concerns squeeze homeowners.