PeerStreet expands product suite with Residential for Rent Loans

PeerStreet, an online marketplace for real estate-backed loans, has launched Residential for Rent loans, enabling borrowers to secure long-term financing on residential properties for rent. PeerStreet Co-Founder and CEO Brew Johnson said the company was excited about expanding its marketplace beyond bridge loans, and that the move is a natural progression as the company increases its transaction volume with institutional investors.