-- "Investors can buy stakes in malls, apartment towers, timber forests and
even cellphone towers through real-estate investment trusts. Now, add to
the list: single-family homes transformed into rental properties.
Beazer Homes USA Inc.,
one of the nation's top home builders, has formed a REIT that will buy
and then rent single-family homes, one of the largest and most
talked-about asset classes in the real-estate business. The
Atlanta-based company last week announced that it was joining with
buyout firm Kohlberg Kravis Roberts & Co. to form the REIT, which
eventually plans to go public."