Pretium Partners Raising $1 Billion to Buy More Single-Family Rentals

Betting that rents and home prices will continue to rise, New York-based real-estate investment firm Pretium Partners LLC is raising $1 billion to fund its third push into buying single-family homes. In addition, last week the group also was a successful bidder on two non-performing home loan portfolios sold by Freddie Mac. SFR The new fundraising effort will be Pretium’s third single-family rental fund. The group has about $3.7 billion of…

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