Blackstone-backed social housing group preps CMBS debut
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SecuritizationCMBS

Blackstone-backed social housing group preps CMBS debut

Sage Housing, the for-profit social housing landlord owned by Blackstone, is marketing its first CMBS issue through Deutsche Bank — a sharply different approach to financing from its housing association peer group, which usually issue ultra-long secured corporate bonds rather than true securitizations.

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