Cerberus Capital Management's Single Family Rental Portfolio Secures $616.1M Loan From Morgan Stanley, Represented By Kroll Bond Rating Agency

A single-family rental portfolio consisting of 2,106 properties in Atlanta, Georgia, Charlotte, North Carolina, Phoenix, and Florida has been involved in a loan transaction.

Summary of transaction details

• Property Type: Single Family Rental Properties
• Transaction Amount: $616,100,000
• Loan Terms: Five-year, fixed-rate
• Lender: Morgan Stanley
• Landlord: Cerberus Capital Management
• Broker: Kroll Bond Rating Agency

The loan was received from Morgan Stanley, while Cerberus Capital Management acted as the landlord in the deal. Kroll Bond Rating Agency served as the broker. The loan amount for this transaction was $616,100,000 with a fixed-rate term of five years.