AH4R CEO discounts Blackstone deal leak

AH4R
By Matthew Scully
14 May 2014

David Singelyn, CEO of American Homes 4 Rent, has questioned the validity of rumours that Blackstone's Invitation Homes may issue a $1bn securitization tied to rental properties. His comments came in the same week American Homes 4 Rent launched its debut single-family rental securitization tighter than price guidance in every offered tranche.

A report sparked market chatter last week with claims that Invitation Homes would issue its next deal double the size of its inaugural rental securitization. The report, which cited one unnamed source, came on the same day that American Homes 4 Rent announced it would sell a $480m deal ...

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