Home Partners of America mulls IPO

A Chicago-based company, best known for its rent-to-own program, is considering an initial public offering as early as next year. Home Partners of America has been in talks with banks including Goldman Sachs Group and Morgan Stanley, Bloomberg News reported. It could start offering shares in 2019. The KKR and BlackRock-backed firm has acquired more than $2 billion in properties and leased them to more than 12,500 people. Under the company’s rent-to-own program, tenants select […]

Source: Real Estate

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