Morgan Stanley Housing Expert To Launch Buy-To-Rent Fund

May 23 2012 | 3:27am ET

The head of Morgan Stanley's U.S. housing strategy is leaving the firm to launch a fund that will buy foreclosed homes.

Oliver Chang and several "partners who are some of the most capable and experienced operators and managers of single-family rental homes in the business," will set up an asset management shop that will launch a buy-to-rent housing fund.


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