B2R brings market's first multi-borrower rental deal

rental
By Ryan Bolger
27 Mar 2015

Blackstone’s B2R Finance is planning the first ever multi-borrower single-family rental securitization, the company announced on Friday.

The deal is expected to total $230m and will be rated by at least two rating agencies, according to a press release. Not all of the notes will be offered publicly, as an affiliate of B2R will acquire the subordinate tranches.

A multi-borrower issuance has been expected for ...

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