Mullen to Bet $1 Billion on Housing Market

A decade ago, Goldman Sachs Group Inc. cashed in on a big bet against the housing market with the help of Donald Mullen Jr., but a Wall Street Journal article from earlier this month reports that he has since changed his tune. According to fundraising documents reviewed by WSJ, Mr. Mullen has co-founded real estate investment firm Pretium Partners LLC. which is raising $1 billion to buy single-family homes to rent. “We believe tight credit… Read More