Most of the investors are NOT big Wall Street corporations. Most are smaller investors with all assets under $20 million. I know a group of investors. They’re a group of Engineers who pooled their money to buy real estate. They own several single-family homes and a couple of apartment buildings. 15 years ago, I owned 3 duplexes and a triple decker. Real Estate is a great investment. I never saw the money into buying single family homes though.