The acquisition of AIR Communities marks Blackstone's largest in the multifamily sector and shows a bullishness in rental housing, as well as a mentality that the commercial market may be bottoming out.
That includes benefits for first-time homebuyers, who might be better served by inexperienced agents. However, some benefits require changes from mortgage lenders, consumer watchdog says.
Hunterbrook Media founder dismisses Ishbia's take as a "baseless conspiracy theory", while Rocket says it and founder Dan Gilbert have no financial interests or relationship to Hunterbrook.