Good Luck to anyone that becomes any of these hedge fund tenants!

 

Reuters-

Blackstone is preparing a first-of-its-kind securitization of REO-to-rental properties, and the deal could come later this year, according to sources with knowledge of the plans.

Word of the plans comes a week after the private equity giant got an increased bank loan from Deutsche Bank and others to expand its significant holdings of single-family homes.

Market sources told IFR that Blackstone is planning at least one securitization to help underpin its long-term financing in the REO-to-rental sector.

Blackstone and Deutsche Bank both declined to comment.

[REUTERS]