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Cocoonr receives institutional backing in France

Cocoonr

Reading Time: 2 minutesFrance: Rennes-based property management agency Cocoonr and spin-off rental management service Book&Pay, part of the SAS HOSTING DVPT group, have received institutional backing.

AvantStay closes $500m PropCo funding round

AvantStay

Reading Time: 3 minutesUS: California-based operator AvantStay has closed a $500 million PropCo funding round led by real estate advisory and asset management firm, Saluda Grade.

ReAlpha set to pay $1.5bn to buy 5k rental homes

ReAlpha

Reading Time: 2 minutesUS: Ohio-based real estate investing firm ReAlpha is planning to spend up to $1.5 billion, including debt, to acquire a portfolio of short-term rental homes at an unprecedented scale. Speaking to Bloomberg, CEO Giri Devanur said that the money would be enough to purchase around 5000 short-term rental homes. The company will initially focus on […]