DBRS Morningstar Releases Its January 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 January 2023. The retention rate of expiring leases remained unchanged at 83.7%, while the retention rate of month-to-month leases increased to 91.3% from 91.0%. The average tenant delinquency rate on single-borrower transactions decreased to 6.1% in December from 6.8% in November. The vacancy rate remained unchanged at 6.0% in December.

The monthly Performance Summary report provides property-level performance information for all DBRS Morningstar-rated SFR transactions as of the January 2023 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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