GI Partners Finds a Home for its Investment at Waypoint
January 16, 2012
GI Partners, through its GI Partners Fund III, has invested in Waypoint Real Estate Group, which buys distressed single-family houses, renovates them and then leases them to residents. The investment will initially enable the company to acquire more than $250 million in single family rental homes. Waypoint is based in California and plans to launch a national expansion program this year.