Rental investor Pretium strikes $1.5 billion deal for homes from D.R. Horton

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Pretium Partners is acquiring thousands of homes from Arlington-based D.R. Horton Inc. in a deal between the single-family rental giant and the nation’s...

D.R. Horton's headquarters in Arlington. Pretium Partners is acquiring thousands of homes from Arlington-based D.R. Horton Inc. in a $1.5 billion deal.Pretium Partners is acquiring thousands of homes from Arlington-based D.R. Horton Inc. in a deal between the single-family rental giant and the nation’s biggest homebuilder.

The deal includes a combination of finished homes and ones that haven’t been completed, according to people familiar with the transaction who asked not to be named discussing a private matter. It is valued at more than $1.5 billion, one of the people said.A Pretium spokesperson declined to comment. A representative for D.R. Horton didn’t immediately return a request for comment.

 

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