Pouring hundreds of millions into single-family housing is Wayne Hughes. Hughes made his fortune...
Pouring hundreds of millions into single-family housing is Wayne Hughes. Hughes made his fortune taking storage out of the mom-and-pop space, and is looking to do the same with single-family rentals. His American Homes 4 Rent is now the country's 2nd largest SFH owner, behind Blackstone. One pure-play, Silver Bay (SBY) is up 17.3% since its December IPO.
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