Colony Starwood Homes (SFR) was Downgraded by Nomura to ” Neutral”. Earlier the firm had a rating of “Buy ” on the company shares. Nomura advised their investors in a research report released on Nov 22, 2016.
Many Wall Street Analysts have commented on Colony Starwood Homes. Colony Starwood Homes was Initiated by JP Morgan to “Overweight” on Sep 26, 2016.
Colony Starwood Homes formerly Starwood Waypoint Residential Trust is a real estate investment trust (REIT) formed primarily to acquire renovate lease and manage residential assets in select markets throughout the United States. The Company’s objective is to generate risk-adjusted returns for its shareholders over the long-term through dividends and capital appreciation. The Company operates in two segments: SFRs (single-family residential) and NPLs (nonperforming loans). SFRs segment includes the business activities associated with its investments in single-family residential properties. SFRs segment provides a direct conduit to real estate. NPLs segment includes the business activities associated with its investments in NPLs. The Company’s markets include Miami Orlando and Tampa Florida; Atlanta Georgia; Chicago Illinois; Dallas and Houston Texas; Denver Colorado; Southern California; Northern California; and Phoenix Arizona.