Last year, the electric-car maker sold $1.5 billion of these bonds, which are backed by lease. ABS payments in that period. Investors in these bonds do have some exposure to the company because.
Fitch Ratings said. underlying Blackstone’s inaugural rental-backed bonds, known as “Invitation Homes 2013-SFR1”, declined by 7.6 per cent from October to January as lease expirations and tenant.
Blackstone Group LP, which has the largest single-family rental business in the nation, is planning to sell bonds backed by lease payments to take advantage of rebounding home prices and a rising.
Steve Schwarzman’s Blackstone Group LP (BX) has spent $7.5 billion acquiring 40,000 houses in the past two years to create the largest single-family rental business in the U.S. The private-equity firm is now planning to sell bonds backed by lease payments, the latest step in turning a small business into a mature industry.
We estimate that General Fund debt payments for infrastructure-related general obligation and lease-revenue bonds were about $4.4 billion in 2007-08. As previously authorized but currently unsold bonds are marketed, outstanding bond debt costs will rise, peaking at approximately $9.2 billion in 201718.
New-home purchase applications dip slightly Fidelity increases stake in LandCastle Title Mortgage lending gets riskier for the fifth straight month Average US 30-year mortgage rate slips to 4.02 percent | Real. – WASHINGTON – Long-term U.S. mortgage rates inched lower this week. It was the fifth straight week that the benchmark 30-year rate hovered around the key threshold of 4 percent.Fidelity National Financial: Fidelity National Title Group – The Nation’s largest title insurance and Escrow services company. fidelity National Title Group is a leading provider of title insurance and escrow services, and the nation’s largest title insurance company. FNTG’s title insurance underwriters collectively issue more title insurance policies than any other title company in the United States.