Moody's: No rating impact on Progress Residential SFR transactions due to non-consolidation opinion
New York, December 23, 2016-- Moody's Investors Service, announced today that the delivery of various non-consolidation legal opinions delivered by each borrower for the transactions listed below pursuant to the respective loan agreement in connection with the transfer of interests in the respective borrower's equity owners to Progress Residential affiliates will not, in and of itself and at this time, result in a reduction, placement on review for possible downgrade or...
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