Colony American Homes said it priced its second securitization of single-family rental homes with a duration-weighted blended interest rate of LIBOR plus 164 basis points.

The company did not indicate how each tranche priced. In April, the Scottsdale, Ariz.-based company sold $513 million in bond backed by its single family home rentals, with a blended interest rate of LIBOR plus 178 basis points.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.