Single-Family Rentals Face Big Test, Industrial REIT Arranges Financing for $4 Billion Deal, Fannie Mae Backs Virginia Tech Purchase

Single-Family Rentals Face Big Test: Almost a decade has elapsed since the first commercial mortgage-backed security was created to pool loans tied to a portfolio of single-family rental homes. None of the underlying loans, which add up to a current outstanding balance of $25 billion, has ever been delinquent or specially serviced, according to a new report from Kroll Bond Rating Agency.