Progress Residential enters $5bn-plus SFR securitization arena

Progress Residential is the sixth major residential home owner to securitize part of its housing stock through the bond markets. The 10th offering of its kind, Progress 2014-SFR1 builds the total SFR asset class, backed by income-producing rental homes, to a nearly $5.4bn business. Like a majority of the previous deals, the $473.4m bond is backed […]