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Why Blackstone Is Buying Homes In The U.S. Again

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July 16, 2025

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Blackstone is a major private equity firm that has an ownership interest in over 274,000 rental homes. The BREIT portfolio, a narrow slice of its real estate division, includes substantial numbers of apartments, mobile home parks, student housing and single-family rental homes. The company’s U.S. rental housing portfolio is weighted toward cash flowing properties in the sun belt and coastal cities. The company says its large footprint and expertise in finance can make a positive impact on the housing market as prices keep rising in supply-constrained regions of the U.S..

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Produced and Edited by: Carlos Waters

Additional Editing by: Andrea Miller

Senior Director of Video: Lindsey Jacobson

Graphics: Emily Park, Mithra Krishnan

Additional footage: Getty Images

Additional sources: Academy of Achievement, April Housing, Congress, Corcoran Group, Novogradac, New York Stock Exchange, California Apartments Association, Newman Ferrara LLP, Reuters, Parcl Labs, SeaCure Advisors, Stuyvesant Town Peter Cooper Village Tenants Association, Urban Institute, USA Facts, Zumper

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Why Blackstone Is Buying Homes In The U.S. Again

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The BREITUS Chapters Introduction ChapterPolicy ProducedCarlos Waters Additional EditingAndrea Miller Senior DirectorGetty Images AdditionalCNBC TVWatch CNBC

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