Progress Residential 2021-SFR4 Trust: Presale Report

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the following Single-Family Rental Pass-Through Certificates to be issued by Progress Residential 2021-SFR4 Trust:

-- $190.0 million Class A at AAA (sf)
-- $44.4 million Class B at AA (low) (sf)
-- $27.2 million Class C at A (low) (sf)
-- $29.6 million Class D at BBB (high) (sf)
-- $19.7 million Class E-1 at BBB (sf)
-- $17.3 million Class E-2 at BBB (low) (sf)
-- $66.6 million Class F at BB (low) (sf)
-- $29.6 million Class G at B (low) (sf)