Blackstone to Offer Loans to Help Build 50,000 US Homes a Year

Blackstone Inc., one of the largest institutional owners of single-family homes in the US, is launching a new lending platform for homebuilders.

The venture, supported by Blackstone affiliate Brio Homebuilder Solutions, aims to help build more than 50,000 homes annually so they can be sold to the public, the investment giant said in a statement Monday. The platform will also partner with other parties.