Home Partners: Blackstone Winding Down Home Partners of America; Tricon to Manage SFR Assets

Blackstone is winding down Home Partners of America (HPA), and Tricon Residential will now take over management of the single-family rental company's assets, Commercial Observer has learned. The move makes Tricon, already a Blackstone company, the sole single-family rental portfolio company for the private equity giant in the U.S. "This transition is designed to enhance [...]