DBRS Morningstar Releases Its June Single-Family Rental Performance Summary for Rated Securitizations

DBRS, Inc. (DBRS Morningstar) released its monthly report on the performance of rated single-family rental securitizations for June 2022. The retention rate of expiring leases increased to 88.0% from 87.8%, while the retention rate of month-to-month leases decreased to 91.7% from 92.6%. The average tenant delinquency rate of single-borrower transactions decreased to 6.0% in May from 6.2% in April. The vacancy rate increased to 4.2% in May from 4.0% in April.

The monthly Performance Summary report provides property-level performance information for all DBRS Morningstar-rated single-family rental transactions as of the June 2022 distribution date.

NOTES:
The report is available at www.dbrsmorningstar.com.

For more information, visit www.dbrsmorningstar.com or contact us at [email protected].

DBRS, Inc.
140 Broadway, 43rd Floor
New York, NY 10005 USA
Tel. +1 212 806-3277