Progress Residential is marketing its seventh securitization of receivables from investor-owned, single-family rental homes in a $370.8 million, single-borrower transaction through a master trust.

Progress Residential 2017-SFR1 is backed by a single loan supported by the fund stream from 2,080 income-producing rental homes owned and managed by the Maryland-based real estate investment trust. According to presale reports, 719 of which have been rolled over from two prior Progress asset-backed deals that have been paid off.

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.