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Morgan Stanley Housing Expert To Launch Buy-To-Rent Fund
Wed, 23 May 2012 02:38:19 GMT
The head of Morgan Stanley's U.S. housing strategy is leaving the firm to launch a fund that will buy foreclosed homes.
Oliver Chang and several "partners who are some of the most capable and experienced operators and managers of single-family rental homes in the business," will set up an asset management shop that will launch a buy-to-rent housing fund.
