Single-family rental securitizations are finally the real deal

 · Comparing securitizations to yield cos, people get too caught up sometimes in the headline numbers and think incorrectly that the dividend yield for a yield co is the real cost. With a yield co, there are also growth expectations.

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Home builders are finally responding to market conditions and taking the unusual step of building single-family properties specifically to rent them out, CNBC reported. The trend may provide at.

Fannie Mae recently completed the first government-sponsored enterprise (GSE) securitization of single-family rental (SFR) properties owned by an institutional investor. This securitization, Fannie Mae Grantor Trust 2017-T1, was for Invitation Homes, one of the largest institutional players in the SFR business (Fannie Mae 2017).

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Some Smart Money is Already Exiting the Single Family Rental Landgrab Posted on October 19, 2012 by Yves Smith Reuters describes how one of the funds that was first to get on the “buy single family homes out of foreclosure and rent them” bandwagon has decided to exit.

Karen J. Wade. Represented lenders, as loan sellers, in connection with over $1.2 billion in single-family rental (sfr) securitizations, including the first multiloan SFR transaction, as well as assisting in establishing their disclosure programs and due diligence, including compliance with 15E requirements.

Opens the door to a new class of borrower. In a little more than a year, the number of SFR securitizations has gone from zero to 10. At the end of 2014, Keefe Bruyette & Woods reported the first generation of SFR deals contained 38,000 properties with a collateral value of $7.5 billion came to market.

U.S. securities regulators are investigating whether bonds backed by single-family. in rental home securitizations, determining basic figures such as how much rent to charge tenants, how much.

Hunton Andrews Kurth LLP is an innovator in Single Family Rental (SFR) transactions, representing participants in SFR transactions since the asset class first arose. We represent our SFR clients with a team of Hunton Andrews Kurth lawyers with SFR experience from our Structured Finance, Real Estate, M&A, Tax and Bankruptcy teams.

The first-ever so-called REO-to-rental or single-family rental. to launch a similar deal in the next couple of months, according to market sources. The new USD500m securitization deal from Colony,

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