A limited liability company tied to FirstKey Homes received a new $381 million loan from a New York office of Tokyo-based Nomura Holdings Inc., county documents indicate.A national landlord of single-family rental houses, including many in Dallas-Fort Worth, received hundreds of millions in financial support from a Japanese financial services giant, documents filed in North Texas counties indicate.received a new $381 million loan from a New York office of Tokyo-based Nomura Holdings Inc.
The deal with Nomura Corporate Funding Americas LLC creates new debt for 37 homes in Tarrant County, 34 in Denton County, 10 in Collin County and 10 in Dallas County, according to deeds of trust filed in each county in October.The deal involves about 30 homes in Fort Worth and 18 homes in Lewisville, among dozens of homes scattered throughout many North Texas cities, from Haslet to Cedar Hill, Crowley, Melissa and others.
Deeds of trust related to the loan can also be found in Phoenix’s Maricopa County and San Antonio’s Bexar County, for example. It’s unclear how many homes nationally are involved in the deal.Created by New York investment firm Cerberus in 2015, Marietta, Ga.-based FirstKey acquires and manages single-family rental homes throughout the U.S. The company owns or manages more than 50,000 homes in 28 markets, according to its LinkedIn page.
Source: News Formal (newsformal.com)
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