Trump’s target on corporate landlords could have a huge effect in Florida

President Donald Trump’s pledge to bar corporate investors from buying homes would land with outsized force in Florida, where Wall Street-backed landlords have spent years amassing vast portfolios of single-family rentals. Any attempt to curtail institutional ownership is likely to face stiff opposition from Wall Street and the real estate industry, the Tampa Bay Business Journal reported. Global asset managers, private equity firms and real estate investment trusts control tens of billions of dollars of residential real estate across the Sunshine State. Their footprint ballooned during the pandemic-era population surge, as institutional capital chased fast-growing Sun Belt markets.  By some […]

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