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Moody’s lifts Greystar, notes to B1
Moody's Investors Service said it upgraded Greystar Real Estate Partners, LLC's corporate family rating to B1 from B2 and senior secured notes rating to B1 from B2.
The outlook was revised to stable from positive.
Moody’s said the upgrade reflects substantial growth in Greystar's recurring revenue streams over the past two years, especially within its property management and investment management segments while maintaining solid credit metrics.
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