UNITED STATES

摘要

Progress residential surprised the market last week by pricing its new SFR bond tighter than those of established rivals, in another sign of the asset class's growing popularity. The company is almost as new as single-family rental (SFR) bonds themselves, founded just two years ago to buy, refurbish and rent distressed properties after the mortgage crisis. With just its second deal, however, Progress achieved tighter pricing than Blackstone, which is the biggest player in the fledgling SFR bond sector.