Wall Street's New Trillion Dollar Playground, the Securitization of #Rental Homes-Single family homes
Wall Street's New Trillion Dollar Playground, the Securitization of Rental Homes By Michael Gerrity | The securitization market involving debt tied to single-family homes is reemerging as a hot topic in Wall Street, but the source for the debt is different this time around. A Wall Street estimate says potential financing opportunities for the new securitization market are as high as $1.5 trillion. The new industry would sell bonds to investors all over the world from debt tied to a growing single-family rental market. A growing number of large and private investors are purchasing single-family homes in bulk and renting them. This is creating an opportunity for banks and investors to buy into the market. American Homes 4 Rent is the latest company making a move in the emerging market. The company announced at a conference its plan to sell securities tied to $500 million of debt, according to The New York Times . "The investment and lending opportunities are