Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Don Mullen"


4 mentions found


Wall Street landlords raised $110 billion to buy homes but have had a quiet year. One large transaction, and one large listing, could signal that investors are ready to start buying. The single-family rental market, a popular playground of Wall Street landlords in 2020 and 2021, has been in a deep-freeze for the last year. Rising borrowing costs and a shakier housing market halted most transactions, leaving idle much of the $110 billion raised to buy homes. The company, which was valued at nearly $2 billion last year, says it has facilitated more than $5 billion in deals.
Persons: dealmaking, Goldman Sachs, Don Mullen, DR, Barry Sternlicht's, redemptions, Gary Beasley, Roofstock, Allison Arest, Topping, Beasley, Morgan Stanley's, Ellen Zentner, Jay Powell, LeMaistre, everybody's Organizations: Bloomberg, Barry Sternlicht's Starwood Group, Fed Locations: Beach
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed has destroyed more housing supply than demand, says Pretium's Don MullenDon Mullen, Pretium founder and CEO, joins 'Last Call' to discuss gains in the Homebuilders sector and why it might not be reflective of what is really happening in the housing market.
Persons: Pretium's Don Mullen Don Mullen Organizations: Pretium
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPretium CEO: Getting renters into home-ownership communities presents better opportunitiesDon Mullen, Pretium Founder and CEO, sits down with Brian Sullivan at the Milken Institute Global Conference in Beverly Hills, CA to discuss his real estate business model and the state of housing in the U.S.
In an interview with Bloomberg, Mullen doesn't see nearly as much chaos in today's housing woes, though pitfalls and opportunities still abound. In today's market, with most homeowners paying substantially lower mortgage rates than prevailing levels and mortgage delinquencies low, regular people aren't likely to sell. Homebuilders, representing another industry that's highly sensitive to housing market swings, are under pressure but can survive, Mullen said. Stepping back, Mullen's read is that too many institutions got in at the top of the housing market. "The most obvious example is iBuyers," Mullen said.
Total: 4