Multi-Borrower Single-Family Rental Securitization Poised for Growth, Blackstone First to Market
April 24, 2015
Funds managed by Blackstone Tactical Opportunities issued the first multi-borrower single family rental security this week and the market appears to be set to grow throughout the year, according to industry analysts. The $229.53 million B2R Mortgage Trust 2015-1 was issued this week with AAA ratings from Fitch Ratings. “We think...