Land crowdfunding executive is beat HUD counsel The Real Deal Magazine
“From the New York website: When Fa
ie Mae agreed to back $1 billion in single-family rental debt from Blackstone Groupu2019s Invitation Homes, the National Association of Realtors didnu2019t take it very well.
u201cThese investors do not expand the affordable housing stock,u201d NAR President William Brown wrote to Federal Housing Finance Agency director Mel Watt in January. u201cRather, in this limited market they drive up the price of rents and remove affordable inventory from the hands of American homeowners.u201d
Now, the group that advocates for homeownership may have another reason to keep writing letters.
Earlier this week, ProPublica published a list of more than 400 Trump administration officials working across the federal governmentu2019s major departments. The list includes a number of officials at the Department of Housing and Urban Development, such as its u201cSenior White House Advisor,u201d Maren Kasper. Kasper most recently served as a director at Roofstock, an Oakland-based investment platform for single-family rental homes. Its CEO Gary Beasley has described the firm as an E-Trade for real estate.”