The Seattle Times

DANIEL P. DERELLA / The ASSOCIATED PRESS, 2005
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Sunday, February 24, 2013

Storage-space mogul Hughes now targeting rental homes

B. Wayne Hughes, left, shakes hands with a trainer at Churchill Downs after a fundraiser that benefited Alex's Lemonade Stand for Childhood Cancer. Hughes, backed by institutional investors such as the Alaska Permanent Fund, has bought about 10,000 homes to rent to those who find ownership out of reach.