Cerberus Scores $616M CMBS Loan on FirstKey Homes Single-Family Rental Portfolio
Single-family rentals (SFRs) continue to ride high in the commercial mortgage-backed securities (CMBS) space as large institutional investors keep making waves in the housing market. Morgan Stanley just recently originated a $616.1 million, five-year, fixed-rate CMBS loan to finance a portfolio of 2,106 single-family rental properties that were acquired by FirstKey Homes in the summer, … Continue reading Cerberus Scores $616M CMBS Loan on FirstKey Homes Single-Family Rental Portfolio
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