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In 2005, entrepreneur Dallas Tanner and several others formed the housing and apartment investment company Treehouse Group in Arizona. [5] Between 2010 and 2011, it bought 1,000 distressed houses in Phoenix, Arizona, a city heavily impacted by foreclosures caused by the subprime mortgage crisis [2] and one of the first areas where private equity investor purchases of homes for rent took place ...
It was one of the first large public companies to begin investing heavily in single-family homes, following the entry of The Blackstone Group into the field in 2012. [3] Early funding for the company included a $600 million investment from the Alaska Permanent Fund. [2] In August 2013, the company became a public company via an initial public ...
Acquired bankrupt ANC Rental, then owner of the National and Alamo car rental chains, for $230 million in October 2003, and subsequently sold to Enterprise Rent-a-Car in 2007. [59] Purchased DaimlerChrysler's 45% share of debis AirFinance, an aircraft leasing business, in May 2005. Acquisition of debis AirFinance (later renamed AerCap) was ...
U.S. existing home sales rebounded sharply in October, posting the first annual gain since mid-2021, as buyers rushed into the market to take advantage of a brief decline in mo… NBC Universal 2 ...
Richard Peacon was born in Key West on August 21, 1840. His parents came from the Bahamas. In 2006, the Peacon family's Bahamian connection and 712 Eaton Street were mentioned in Preserving Paradise: The Architectural Heritage of the Florida Keys. [8] The Peacon House is one of many contributing properties in the Key West Historic District. It ...
A cash-out refinance lets you borrow against your home's equity by replacing your current mortgage with a bigger one, giving you the difference in cash. Learn how it works — and key risks ...