trending Market Intelligence /marketintelligence/en/news-insights/trending/hybmipsnzsim6v82cfhz1q2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Moody's upgrades Greystar Real Estate

Blog

COVID-19 Impact & Recovery: Commercial Real estate

Blog

One Year After the COVID Crash: Assessing the Leveraged Loan Market

Blog

COVID-19 Impact & Recovery: Investment Banking

Blog

COVID-19 Impact & Recovery: Academia


Moody's upgrades Greystar Real Estate

Moody's upgraded Greystar Real Estate Partners LLC's corporate family rating and the rating on the company's senior secured notes due 2025 to B1 from B2, while revising the outlook to stable from positive.

The rating agency said the upgrade echoes notable growth in the private real estate service provider's recurrent revenue streams over the past two years, particularly within its property management and investment management segments, while maintaining solid credit metrics.

The stable outlook takes into account Moody's expectation for Greystar to continue steady growth in recurring revenues while at a minimum maintaining leverage metrics at current levels.