Blackstone preps $1bn rental bond, Moody’s quells Deutsche litigation fears

Blackstone is set to follow up its market-opening rental property securitization with a new deal that will be twice the size and could begin marketing within a month through lead manager Deutsche Bank. The news comes just after Deutsche warned that property investors could be in store for a flood of lawsuits from evicted tenants — but a Moody’s analyst said there was little risk of such litigation hurting the home rental securitization market