FLORIDA: Homes were once owned by families and now they are owned by billion-dollar real estate companies who picked them up cheap after the created 2008 financial crash – @AceFinanceNews

#AceFinanceNews – July.04: When the neighborhood is owned by billion-dollar companies

APOPKA, Florida (AP) — Many of the single-family homes in the Piedmont Park neighborhood of Apopka, Florida, used to be owned by families – the Vargases and the Townes, the Pierces and the Riddles.

Now, they are owned by Blackstone, American Homes 4 Rent and Colony Starwood Homes, companies associated with big real estate investment firms….

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