DBRS Morningstar Releases Its November Single-Family Rental Performance Summary for Rated Securitizations
RMBSDBRS, Inc. (DBRS Morningstar) released its monthly report on the performance of rated single-family rental securitizations for November 2022. The retention rate of expiring leases decreased to 82.4% from 84.0%, while the retention rate of month-to-month leases decreased to 90.0% from 90.5%. The average tenant delinquency rate on single-borrower transactions increased to 6.8% in October from 6.7% in September. The vacancy rate increased to 5.9% in October from 5.8% in September.
The monthly Performance Summary report provides property-level performance information for all DBRS Morningstar-rated single-family rental transactions as of the November 2022 distribution date.
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The report is available at www.dbrsmorningstar.com.
For more information, visit www.dbrsmorningstar.com or contact us at info@dbrsmorningstar.com.
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