Blackstone-Fueled Single-Family Home Boom Lifts Chicago
The housing recovery has been gaining traction in areas across the U.S., and now big investment firms like Blackstone are looking to Chicago for opportunities in the REO-to-rental space. Taylor Johnson client MACK Companies, which has been using that strategy to revitalize south suburban communities in Chicago for more than 16 years, talks to Bloomberg about the importance of investor activity in boosting the market.