NYSE:MRPSpecialized REITs
How Millrose Properties' (MRP) Upsized $750M Debt Offering Has Changed Its Investment Story
Citizens recently initiated coverage on Millrose Properties, a publicly traded REIT specializing in land-banking services for homebuilders, and the company upsized its private offering of senior notes to US$750 million due in 2032.
This combination shines a spotlight on the company's specialized model supporting homebuilders amid changing land strategies and its ability to raise significant capital from investors.
We'll explore how Millrose Properties' larger debt financing strengthens its...