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by conbandit 1359 days ago
Minor correction, but you probably mean Blackrock-type firms. Blackwater was a private military company.
4 comments

This is such a common confusion, someone made a handy diagram for telling apart the firms comprising the cross product of {"Black", "Bridge"} x {"rock", "water", "stone"}.

https://i.redd.it/x0jeiofl7j471.jpg

Kinda the point, no?
Correction to the minor correction, Blackrock, the asset manager/ETF provider, does not engage in institutional purchasing of SFH homes. For a little while BlackStone, the Private Equity firm, had an ownership interest in company that did this, but I’m not sure they still do.

https://www.blackrock.com/us/individual/insights/buying-hous...

Edited to change “ownership” to “purchasing”

Not to be confused with other investment firms Blackstone, Bridgerock, and Bridgewater. Or tire manufacturer Bridgestone, for that matter.
Funny picture imagining blackwater kicking down some doors and becoming a landlord