FirstKey follows B2R with multi-borrower deal

By Ryan Bolger
30 Mar 2015

Cerberus Capital's FirstKey Lending is marketing a single-family rental securitization backed by loans to multiple borrowers, following a similar move by Blackstone's B2R Finance on Friday.

The $240.792m deal is backed by 16 loans to the operators of 3,628 single-family rental properties, GlobalCapital has confirmed with people familiar with the transaction. Deutsche Bank is leading the deal with Wells Fargo on as a co-manager.

The news follows B2R Finance’s announcement on Friday that it ...

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