FirstKey Lending, which is majority owned by funds managed by Cerberus Capital Management, is securitizing $241 million of fixed rate loans it made to landlords for the purchase of buy-to-rent, single-family homes according to a presale from Kroll Bond Ratings Agency.

The deal follows B2R Finance's announcement last Friday of its first multiborrower, single family rental (SFR) securitization.

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