ReAlpha, known as the Robinhood of Airbnb, was featured in a recent Bloomberg article titled, “Investors Chasing Housing Target Massive Pools of Airbnb Rentals.” The piece discusses a hot new trend investors are tapping into as they hunt for returns in the frenzied U.S. real estate market. This involves building massive portfolios of houses to rent out on Airbnb. “A recent filing reveals that Dublin, Ohio-based ReAlpha is seeking to spend as much as $1.5 billion, including debt, to buy short-term rentals at an unprecedented scale. The money would be enough to purchase roughly 5,000 homes, Chief Executive Officer Giri Devanur said in an interview,” the article reads. “Growing appetite for short-term rentals will attract tens of billions of dollars in the years to come, said Sean Breuner, whose company, AvantStay, manages branded properties that offer concierge services. It also operates a brokerage to help investors find real estate. ‘It is the last remaining asset class with any yield remaining,’ said Breuner. ‘We believe there is a huge opportunity to institutionalize.’”
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About ReAlpha
ReAlpha is focused on bringing simplified wealth creation to everyone. As part of revolutionizing the way people invest in real estate, the company’s team is using the power of community to democratize investing. ReAlpha’s disruptive technologies are designed to level the playing field, unraveling the real estate industry’s high barriers of entry. For more information about the company, visit www.ReAlpha.com.
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