This document is intended for institutional investors and is not subject to all of the independence and disclosure standards applicable to debt research reports prepared for retail investors.
Thursday, May 20, 2021 – 3:00 pm EDT
Institutional ownership of single-family rentals began in in the wake of the housing crisis and currently encompasses 2% of single-family homes nationwide. Financing for the SFR sector has come both through publicly issued deals that resemble hybrids of CMBS and MBS, and through highly customizable private deals. Join Amherst Pierpont strategy, trading and banking along with a credit analyst from Kroll Bond Rating Agency for:
An overview of the single-family rental sector;
A highlight of differences between single-borrower and multi-borrower structures;
Trends in issuance, spreads and secondary market liquidity;
A recap of credit performance and recent ratings actions;
The landscape for private financings of SFR portfolios.
Steven Abrahams, APS, head of investment strategy, host
Mary Beth Fisher, APS, senior strategist
Daniel Tegen, Kroll Bond Rating Agency, senior director
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