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

DBRS, Inc. (DBRS Morningstar) released its monthly report on the performance of rated single-family rental (SFR) securitizations for December 2022. The retention rate of expiring leases decreased to 78.0% from 83.7%, while the retention rate of month-to-month leases increased to 91.4% from 89.8%. The average tenant delinquency rate on single-borrower transactions decreased to 6.2% in November from 6.8% in October. The vacancy rate decreased to 5.9% in November from 6.0% in October.

The monthly Performance Summary report provides property-level performance information for all DBRS Morningstar-rated SFR transactions as of the December 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].

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