Blackstone and AH4R hit rental securitization market

By Matthew Scully
07 May 2014

Blackstone is to follow up its market-opening rental property securitization with a new deal that will be twice the size, as American Homes 4 Rent tees up a similar $482m deal and American Residential Properties prepares its own transaction.

The nascent market is beginning to get lively as investors scale back purchases of single family residential properties, as weaker March homes sales and a rise in house prices cut US homeownership to a 19-year low.

Deutsche Bank could start marketing Blackstone's new $1bn deal in the next month. ...

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