DBRS Morningstar Releases Its August 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 August 2022. The retention rate of expiring leases decreased to 84.6% from 86.1%, while the retention rate of month-to-month leases increased to 91.0% from 90.6%. The average tenant delinquency rate on single-borrower transactions decreased to 6.7% in July from 6.8% in June. The vacancy rate increased to 5.0% in July from 4.6% in June.

The monthly Performance Summary report provides property-level performance information for all DBRS Morningstar-rated single-family rental transactions as of the August 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